ZEAL Network Balance Sheet Health
Financial Health criteria checks 5/6
ZEAL Network has a total shareholder equity of €280.8M and total debt of €39.5M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are €402.1M and €121.3M respectively. ZEAL Network's EBIT is €35.8M making its interest coverage ratio 16. It has cash and short-term investments of €69.6M.
Key information
14.1%
Debt to equity ratio
€39.55m
Debt
| Interest coverage ratio | 16x |
| Cash | €69.58m |
| Equity | €280.77m |
| Total liabilities | €121.32m |
| Total assets | €402.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIMA's short term assets (€110.9M) exceed its short term liabilities (€66.9M).
Long Term Liabilities: TIMA's short term assets (€110.9M) exceed its long term liabilities (€54.4M).
Debt to Equity History and Analysis
Debt Level: TIMA has more cash than its total debt.
Reducing Debt: TIMA's debt to equity ratio has increased from 0% to 14.1% over the past 5 years.
Debt Coverage: TIMA's debt is well covered by operating cash flow (87.1%).
Interest Coverage: TIMA's interest payments on its debt are well covered by EBIT (16x coverage).