Advance ZincTek Balance Sheet Health
Financial Health criteria checks 6/6
Advance ZincTek has a total shareholder equity of A$35.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$40.3M and A$4.4M respectively. Advance ZincTek's EBIT is A$1.5M making its interest coverage ratio 90.1. It has cash and short-term investments of A$102.0K.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 90.1x |
Cash | AU$102.00k |
Equity | AU$35.93m |
Total liabilities | AU$4.36m |
Total assets | AU$40.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBJ's short term assets (A$18.9M) exceed its short term liabilities (A$2.7M).
Long Term Liabilities: BBJ's short term assets (A$18.9M) exceed its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: BBJ is debt free.
Reducing Debt: BBJ had no debt 5 years ago.
Debt Coverage: BBJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BBJ has no debt, therefore coverage of interest payments is not a concern.