Zimtu Capital Balance Sheet Health
Financial Health criteria checks 5/6
Zimtu Capital has a total shareholder equity of CA$10.8M and total debt of CA$199.4K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CA$11.8M and CA$987.6K respectively. Zimtu Capital's EBIT is CA$792.8K making its interest coverage ratio 68. It has cash and short-term investments of CA$7.8M.
Key information
1.8%
Debt to equity ratio
CA$199.38k
Debt
| Interest coverage ratio | 68x |
| Cash | CA$7.78m |
| Equity | CA$10.85m |
| Total liabilities | CA$987.60k |
| Total assets | CA$11.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZCT1's short term assets (CA$10.2M) exceed its short term liabilities (CA$632.9K).
Long Term Liabilities: ZCT1's short term assets (CA$10.2M) exceed its long term liabilities (CA$354.7K).
Debt to Equity History and Analysis
Debt Level: ZCT1 has more cash than its total debt.
Reducing Debt: ZCT1's debt to equity ratio has increased from 1% to 1.8% 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: ZCT1 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ZCT1 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 9.6% each year