Zalaris Balance Sheet Health
Financial Health criteria checks 4/6
Zalaris has a total shareholder equity of NOK244.0M and total debt of NOK466.5M, which brings its debt-to-equity ratio to 191.2%. Its total assets and total liabilities are NOK1.3B and NOK1.0B respectively. Zalaris's EBIT is NOK102.0M making its interest coverage ratio 2.3. It has cash and short-term investments of NOK180.1M.
Key information
191.2%
Debt to equity ratio
NOK 466.46m
Debt
| Interest coverage ratio | 2.3x |
| Cash | NOK 180.11m |
| Equity | NOK 244.02m |
| Total liabilities | NOK 1.01b |
| Total assets | NOK 1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 81Y's short term assets (NOK787.8M) exceed its short term liabilities (NOK485.6M).
Long Term Liabilities: 81Y's short term assets (NOK787.8M) exceed its long term liabilities (NOK528.3M).
Debt to Equity History and Analysis
Debt Level: 81Y's net debt to equity ratio (117.3%) is considered high.
Reducing Debt: 81Y's debt to equity ratio has reduced from 371.8% to 191.2% over the past 5 years.
Debt Coverage: 81Y's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 81Y's interest payments on its debt are not well covered by EBIT (2.3x coverage).