Zoom2u Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Zoom2u Technologies has a total shareholder equity of A$481.5K and total debt of A$3.6M, which brings its debt-to-equity ratio to 740.6%. Its total assets and total liabilities are A$5.8M and A$5.3M respectively.
Key information
740.6%
Debt to equity ratio
AU$3.57m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.05m |
| Equity | AU$481.50k |
| Total liabilities | AU$5.35m |
| Total assets | AU$5.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z2U's short term assets (A$2.8M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: Z2U's short term assets (A$2.8M) 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 (314.2%) 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 sufficient cash runway for more than a year 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 21.5% each year