Zotefoams Balance Sheet Health
Financial Health criteria checks 5/6
Zotefoams has a total shareholder equity of £115.8M and total debt of £36.5M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are £175.6M and £59.8M respectively. Zotefoams's EBIT is £15.0M making its interest coverage ratio 6.8. It has cash and short-term investments of £6.3M.
Key information
31.6%
Debt to equity ratio
UK£36.53m
Debt
| Interest coverage ratio | 6.8x |
| Cash | UK£6.29m |
| Equity | UK£115.76m |
| Total liabilities | UK£59.85m |
| Total assets | UK£175.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 23Z's short term assets (£72.5M) exceed its short term liabilities (£51.1M).
Long Term Liabilities: 23Z's short term assets (£72.5M) exceed its long term liabilities (£8.8M).
Debt to Equity History and Analysis
Debt Level: 23Z's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 23Z's debt to equity ratio has increased from 23.2% to 31.6% over the past 5 years.
Debt Coverage: 23Z's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 23Z's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/03 13:58 |
| End of Day Share Price | 2024/01/05 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
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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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
Zotefoams plc is covered by 7 analysts. 2 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 |
|---|---|
| Andrew Simms | Arden Partners Plc. |
| Richard Hickinbotham | Cantor Fitzgerald Europe |
| Adrian Kearsey | Evolution Securities |