ZimVie Balance Sheet Health
Financial Health criteria checks 3/6
ZimVie has a total shareholder equity of $409.5M and total debt of $508.8M, which brings its debt-to-equity ratio to 124.3%. Its total assets and total liabilities are $1.2B and $795.9M respectively.
Key information
124.3%
Debt to equity ratio
US$508.80m
Debt
Interest coverage ratio | n/a |
Cash | US$71.51m |
Equity | US$409.49m |
Total liabilities | US$795.85m |
Total assets | US$1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O23's short term assets ($482.9M) exceed its short term liabilities ($173.6M).
Long Term Liabilities: O23's short term assets ($482.9M) do not cover its long term liabilities ($622.2M).
Debt to Equity History and Analysis
Debt Level: O23's net debt to equity ratio (106.8%) is considered high.
Reducing Debt: Insufficient data to determine if O23's debt to equity ratio has reduced 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: Whilst unprofitable O23 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: O23 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 67.2% per year.