Zimplats Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Zimplats Holdings has a total shareholder equity of $1.8B and total debt of $62.8M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are $2.5B and $709.8M respectively. Zimplats Holdings's EBIT is $73.5M making its interest coverage ratio 147. It has cash and short-term investments of $78.1M.
Key information
3.5%
Debt to equity ratio
US$62.80m
Debt
| Interest coverage ratio | 147x |
| Cash | US$78.06m |
| Equity | US$1.79b |
| Total liabilities | US$709.84m |
| Total assets | US$2.50b |
Recent financial health updates
We Think Zimplats Holdings (ASX:ZIM) Is Taking Some Risk With Its Debt
Sep 17
Is Zimplats Holdings (ASX:ZIM) A Risky Investment?
Mar 22Zimplats Holdings (ASX:ZIM) Could Easily Take On More Debt
Jun 08Zimplats Holdings (ASX:ZIM) Has A Rock Solid Balance Sheet
Mar 07Recent updates
We Think Zimplats Holdings (ASX:ZIM) Is Taking Some Risk With Its Debt
Sep 17Be Wary Of Zimplats Holdings (ASX:ZIM) And Its Returns On Capital
Apr 18Is Zimplats Holdings (ASX:ZIM) A Risky Investment?
Mar 22Zimplats Holdings (ASX:ZIM) Has More To Do To Multiply In Value Going Forward
Dec 05Under The Bonnet, Zimplats Holdings' (ASX:ZIM) Returns Look Impressive
Jul 19Why The 25% Return On Capital At Zimplats Holdings (ASX:ZIM) Should Have Your Attention
Apr 18The Trend Of High Returns At Zimplats Holdings (ASX:ZIM) Has Us Very Interested
Jan 09Investors Should Be Encouraged By Zimplats Holdings' (ASX:ZIM) Returns On Capital
Sep 30Why We Like The Returns At Zimplats Holdings (ASX:ZIM)
Jun 14Zimplats Holdings (ASX:ZIM) Could Become A Multi-Bagger
Mar 14Investors Shouldn't Overlook Zimplats Holdings' (ASX:ZIM) Impressive Returns On Capital
Nov 28Zimplats Holdings' (ASX:ZIM) Promising Earnings May Rest On Soft Foundations
Sep 08Zimplats Holdings (ASX:ZIM) Is Achieving High Returns On Its Capital
Jul 28Zimplats Holdings (ASX:ZIM) Could Easily Take On More Debt
Jun 08Returns On Capital Are A Standout For Zimplats Holdings (ASX:ZIM)
Apr 13Zimplats Holdings (ASX:ZIM) Has A Rock Solid Balance Sheet
Mar 07Zimplats Holdings Limited (ASX:ZIM) Vies For A Place In Your Dividend Portfolio: Here's Why
Feb 17
Is Zimplats Holdings Limited's(ASX:ZIM) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 25Returns On Capital - An Important Metric For Zimplats Holdings (ASX:ZIM)
Dec 30Calculating The Intrinsic Value Of Zimplats Holdings Limited (ASX:ZIM)
Dec 08Is Zimplats Holdings Limited (ASX:ZIM) A Smart Choice For Dividend Investors?
Nov 18Financial Position Analysis
Short Term Liabilities: ZIM's short term assets ($565.1M) exceed its short term liabilities ($244.6M).
Long Term Liabilities: ZIM's short term assets ($565.1M) exceed its long term liabilities ($465.2M).
Debt to Equity History and Analysis
Debt Level: ZIM has more cash than its total debt.
Reducing Debt: ZIM's debt to equity ratio has reduced from 4% to 3.5% over the past 5 years.
Debt Coverage: ZIM's debt is well covered by operating cash flow (338.3%).
Interest Coverage: ZIM's interest payments on its debt are well covered by EBIT (147x coverage).