Zoom2u Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Zoom2u Technologies has a total shareholder equity of A$1.7M and total debt of A$3.6M, which brings its debt-to-equity ratio to 209.2%. Its total assets and total liabilities are A$7.0M and A$5.3M respectively.
Key information
209.2%
Debt to equity ratio
AU$3.60m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.58m |
Equity | AU$1.72m |
Total liabilities | AU$5.31m |
Total assets | AU$7.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: Z2U's short term assets (A$3.8M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: Z2U's short term assets (A$3.8M) do not cover its long term liabilities (A$4.0M).
Debt to Equity History and Analysis
Debt Level: Z2U's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: Z2U had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Z2U has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Z2U has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.5% each year