Zoomd Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Zoomd Technologies has a total shareholder equity of $11.5M and total debt of $2.0M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are $22.0M and $10.6M respectively. Zoomd Technologies's EBIT is $3.0M making its interest coverage ratio 4.6. It has cash and short-term investments of $4.4M.
Key information
17.5%
Debt to equity ratio
US$2.01m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$4.39m |
| Equity | US$11.45m |
| Total liabilities | US$10.55m |
| Total assets | US$22.00m |
Recent financial health updates
Is Zoomd Technologies (CVE:ZOMD) Using Too Much Debt?
Jul 17
Is Zoomd Technologies (CVE:ZOMD) Using Too Much Debt?
Sep 15These 4 Measures Indicate That Zoomd Technologies (CVE:ZOMD) Is Using Debt Reasonably Well
May 06Is Zoomd Technologies (CVE:ZOMD) Weighed On By Its Debt Load?
Nov 16Is Zoomd Technologies (CVE:ZOMD) In A Good Position To Deliver On Growth Plans?
Aug 03Companies Like Zoomd Technologies (CVE:ZOMD) Are In A Position To Invest In Growth
Apr 20Recent updates
There's No Escaping Zoomd Technologies Ltd.'s (CVE:ZOMD) Muted Revenues Despite A 28% Share Price Rise
Oct 13Why We Like The Returns At Zoomd Technologies (CVE:ZOMD)
Oct 01Zoomd Technologies Ltd. (CVE:ZOMD) Not Doing Enough For Some Investors As Its Shares Slump 29%
Aug 07Is Zoomd Technologies (CVE:ZOMD) Using Too Much Debt?
Jul 17There's No Escaping Zoomd Technologies Ltd.'s (CVE:ZOMD) Muted Revenues Despite A 46% Share Price Rise
Jun 12Investors Will Want Zoomd Technologies' (CVE:ZOMD) Growth In ROCE To Persist
Jun 05The Market Doesn't Like What It Sees From Zoomd Technologies Ltd.'s (CVE:ZOMD) Revenues Yet
Jan 23Is Zoomd Technologies (CVE:ZOMD) Using Too Much Debt?
Sep 15Many Still Looking Away From Zoomd Technologies Ltd. (CVE:ZOMD)
Jul 24Returns Are Gaining Momentum At Zoomd Technologies (CVE:ZOMD)
Jan 25Under The Bonnet, Zoomd Technologies' (CVE:ZOMD) Returns Look Impressive
Aug 22Shareholders Can Be Confident That Zoomd Technologies' (CVE:ZOMD) Earnings Are High Quality
May 07These 4 Measures Indicate That Zoomd Technologies (CVE:ZOMD) Is Using Debt Reasonably Well
May 06Returns At Zoomd Technologies (CVE:ZOMD) Are On The Way Up
Jan 24Is Zoomd Technologies (CVE:ZOMD) Weighed On By Its Debt Load?
Nov 16Is Zoomd Technologies (CVE:ZOMD) In A Good Position To Deliver On Growth Plans?
Aug 03Companies Like Zoomd Technologies (CVE:ZOMD) Are In A Position To Invest In Growth
Apr 20Financial Position Analysis
Short Term Liabilities: ZOMD's short term assets ($12.7M) exceed its short term liabilities ($9.0M).
Long Term Liabilities: ZOMD's short term assets ($12.7M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: ZOMD has more cash than its total debt.
Reducing Debt: ZOMD's debt to equity ratio has increased from 0% to 17.5% over the past 5 years.
Debt Coverage: ZOMD's debt is well covered by operating cash flow (171.8%).
Interest Coverage: ZOMD's interest payments on its debt are well covered by EBIT (4.6x coverage).