Zoomd Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Zoomd Technologies has a total shareholder equity of $8.7M and total debt of $2.0M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are $18.6M and $10.0M respectively.
Key information
23.1%
Debt to equity ratio
US$2.01m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.92m |
| Equity | US$8.69m |
| Total liabilities | US$9.96m |
| Total assets | US$18.64m |
Recent financial health updates
Is Zoomd Technologies (CVE:ZOMD) Using Too Much Debt?
Sep 15
These 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
The 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 ($7.9M) exceed its short term liabilities ($7.8M).
Long Term Liabilities: ZOMD's short term assets ($7.9M) exceed its long term liabilities ($2.2M).
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 reduced from 26% to 23.1% 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: ZOMD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ZOMD has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 2.6% each year.