Zoom2u Technologies Limited

ASX:Z2U Stock Report

Market Cap: AU$13.8m

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 ration/a
CashAU$2.58m
EquityAU$1.72m
Total liabilitiesAU$5.31m
Total assetsAU$7.03m

Recent financial health updates

Recent updates

We Think Zoom2u Technologies (ASX:Z2U) Has A Fair Chunk Of Debt

Mar 26
We Think Zoom2u Technologies (ASX:Z2U) Has A Fair Chunk Of Debt

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


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