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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/05/07 05:10 |
| End of Day Share Price | 2023/02/07 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zalaris ASA is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aksel Øverland Engebakken | ABG Sundal Collier |
| Erik Hjulström | Beringer Finance AB |
| Milo Bussell | Edison Investment Research |