Zalaris Balance Sheet Health
Financial Health criteria checks 2/6
Zalaris has a total shareholder equity of NOK168.9M and total debt of NOK457.0M, which brings its debt-to-equity ratio to 270.6%. Its total assets and total liabilities are NOK1.0B and NOK867.1M respectively. Zalaris's EBIT is NOK28.0M making its interest coverage ratio 1.2. It has cash and short-term investments of NOK123.7M.
Key information
270.6%
Debt to equity ratio
NOK 457.00m
Debt
| Interest coverage ratio | 1.2x |
| Cash | NOK 123.69m |
| Equity | NOK 168.86m |
| Total liabilities | NOK 867.07m |
| Total assets | NOK 1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 81Y's short term assets (NOK580.6M) exceed its short term liabilities (NOK348.5M).
Long Term Liabilities: 81Y's short term assets (NOK580.6M) exceed its long term liabilities (NOK518.6M).
Debt to Equity History and Analysis
Debt Level: 81Y's net debt to equity ratio (197.4%) is considered high.
Reducing Debt: 81Y's debt to equity ratio has increased from 216.5% to 270.6% 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: Insufficient data to determine if 81Y has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 81Y has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.