Zedcor Balance Sheet Health
Financial Health criteria checks 1/6
Zedcor has a total shareholder equity of CA$12.1M and total debt of CA$19.9M, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are CA$43.0M and CA$30.9M respectively. Zedcor's EBIT is CA$2.2M making its interest coverage ratio 1.4. It has cash and short-term investments of CA$1.5M.
Key information
164.1%
Debt to equity ratio
CA$19.88m
Debt
Interest coverage ratio | 1.4x |
Cash | CA$1.47m |
Equity | CA$12.12m |
Total liabilities | CA$30.86m |
Total assets | CA$42.97m |
Recent financial health updates
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 27Is Zedcor (CVE:ZDC) Weighed On By Its Debt Load?
Feb 11Recent updates
Zedcor 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$7.3M) do not cover its short term liabilities (CA$9.5M).
Long Term Liabilities: ZDC's short term assets (CA$7.3M) do not cover its long term liabilities (CA$21.4M).
Debt to Equity History and Analysis
Debt Level: ZDC's net debt to equity ratio (152%) is considered high.
Reducing Debt: ZDC's debt to equity ratio has increased from 156.2% to 164.1% over the past 5 years.
Debt Coverage: ZDC's debt is well covered by operating cash flow (49.7%).
Interest Coverage: ZDC's interest payments on its debt are not well covered by EBIT (1.4x coverage).