Gem Diamonds Balance Sheet Health
Financial Health criteria checks 3/6
Gem Diamonds has a total shareholder equity of $223.8M and total debt of $38.3M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are $383.0M and $159.2M respectively. Gem Diamonds's EBIT is $13.3M making its interest coverage ratio 2.8. It has cash and short-term investments of $30.1M.
Key information
17.1%
Debt to equity ratio
US$38.35m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$30.11m |
| Equity | US$223.81m |
| Total liabilities | US$159.21m |
| Total assets | US$383.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZVW's short term assets ($71.5M) exceed its short term liabilities ($45.8M).
Long Term Liabilities: ZVW's short term assets ($71.5M) do not cover its long term liabilities ($113.4M).
Debt to Equity History and Analysis
Debt Level: ZVW's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: ZVW's debt to equity ratio has increased from 11.3% to 17.1% over the past 5 years.
Debt Coverage: ZVW's debt is well covered by operating cash flow (114%).
Interest Coverage: ZVW's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:50 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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
Gem Diamonds Limited is covered by 17 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 |
|---|---|
| Izak Rossouw | Barclays |
| David Simon Butler | Barclays |
| Richard Hatch | Berenberg |