Zedcor Balance Sheet Health
Financial Health criteria checks 4/6
Zedcor has a total shareholder equity of CA$30.0M and total debt of CA$16.5M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are CA$59.3M and CA$29.3M respectively. Zedcor's EBIT is CA$1.7M making its interest coverage ratio 0.9. It has cash and short-term investments of CA$5.4M.
Key information
55.1%
Debt to equity ratio
CA$16.51m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CA$5.43m |
| Equity | CA$29.99m |
| Total liabilities | CA$29.29m |
| Total assets | CA$59.29m |
Recent financial health updates
Zedcor (CVE:ZDC) Has A Somewhat Strained Balance Sheet
Nov 02
These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively
Jan 18We Think Zedcor (CVE:ZDC) Is Taking Some Risk With Its Debt
Aug 18Is Zedcor (CVE:ZDC) Using Too Much Debt?
Feb 24These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively
Oct 19Zedcor (CVE:ZDC) Has Debt But No Earnings; Should You Worry?
May 27Recent updates
Why Investors Shouldn't Be Surprised By Zedcor Inc.'s (CVE:ZDC) 27% Share Price Surge
Nov 20Zedcor (CVE:ZDC) Has A Somewhat Strained Balance Sheet
Nov 02Revenues Tell The Story For Zedcor Inc. (CVE:ZDC) As Its Stock Soars 28%
Sep 25Zedcor Inc. (CVE:ZDC) Looks Just Right With A 27% Price Jump
Aug 07Zedcor Inc.'s (CVE:ZDC) Shares Climb 30% But Its Business Is Yet to Catch Up
Apr 20Shaky Earnings May Not Tell The Whole Story For Zedcor (CVE:ZDC)
Apr 19Zedcor Inc.'s (CVE:ZDC) Business And Shares Still Trailing The Market
Feb 13These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively
Jan 18Why Investors Shouldn't Be Surprised By Zedcor Inc.'s (CVE:ZDC) P/S
Aug 15Shareholders Shouldn’t Be Too Comfortable With Zedcor's (CVE:ZDC) Strong Earnings
Nov 22We Think Zedcor (CVE:ZDC) Is Taking Some Risk With Its Debt
Aug 18A Look At The Fair Value Of Zedcor Inc. (CVE:ZDC)
May 04Is Zedcor (CVE:ZDC) Using Too Much Debt?
Feb 24These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively
Oct 19Zedcor (CVE:ZDC) Has Debt But No Earnings; Should You Worry?
May 27Is Zedcor (CVE:ZDC) Weighed On By Its Debt Load?
Feb 11Financial Position Analysis
Short Term Liabilities: ZDC's short term assets (CA$14.4M) exceed its short term liabilities (CA$12.7M).
Long Term Liabilities: ZDC's short term assets (CA$14.4M) do not cover its long term liabilities (CA$16.6M).
Debt to Equity History and Analysis
Debt Level: ZDC's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: ZDC's debt to equity ratio has reduced from 193.4% to 55.1% over the past 5 years.
Debt Coverage: ZDC's debt is well covered by operating cash flow (46.5%).
Interest Coverage: ZDC's interest payments on its debt are not well covered by EBIT (0.9x coverage).