Zentek Balance Sheet Health
Financial Health criteria checks 3/6
Zentek has a total shareholder equity of CA$22.5M and total debt of CA$757.7K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CA$24.8M and CA$2.4M respectively.
Key information
3.4%
Debt to equity ratio
CA$757.73k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.35m |
| Equity | CA$22.47m |
| Total liabilities | CA$2.36m |
| Total assets | CA$24.83m |
Recent financial health updates
Does Zentek (CVE:ZEN) Have A Healthy Balance Sheet?
Jul 09
Is ZEN Graphene Solutions (CVE:ZEN) In A Good Position To Deliver On Growth Plans?
Aug 31We're Keeping An Eye On ZEN Graphene Solutions' (CVE:ZEN) Cash Burn Rate
Mar 11We Think ZEN Graphene Solutions (CVE:ZEN) Needs To Drive Business Growth Carefully
Nov 26Recent updates
Does Zentek (CVE:ZEN) Have A Healthy Balance Sheet?
Jul 09Is ZEN Graphene Solutions (CVE:ZEN) In A Good Position To Deliver On Growth Plans?
Aug 31We're Keeping An Eye On ZEN Graphene Solutions' (CVE:ZEN) Cash Burn Rate
Mar 11We Think ZEN Graphene Solutions (CVE:ZEN) Needs To Drive Business Growth Carefully
Nov 26Financial Position Analysis
Short Term Liabilities: ZEN's short term assets (CA$9.7M) exceed its short term liabilities (CA$1.6M).
Long Term Liabilities: ZEN's short term assets (CA$9.7M) exceed its long term liabilities (CA$759.6K).
Debt to Equity History and Analysis
Debt Level: ZEN has more cash than its total debt.
Reducing Debt: ZEN's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
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: ZEN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.2% each year