ZoomInfo Technologies Balance Sheet Health
Financial Health criteria checks 5/6
ZoomInfo Technologies has a total shareholder equity of $2.0B and total debt of $1.2B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are $6.8B and $4.7B respectively. ZoomInfo Technologies's EBIT is $246.6M making its interest coverage ratio 10.4. It has cash and short-term investments of $462.8M.
Key information
61.4%
Debt to equity ratio
US$1.23b
Debt
Interest coverage ratio | 10.4x |
Cash | US$462.80m |
Equity | US$2.01b |
Total liabilities | US$4.75b |
Total assets | US$6.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZOM's short term assets ($740.2M) exceed its short term liabilities ($664.1M).
Long Term Liabilities: ZOM's short term assets ($740.2M) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: ZOM's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: ZOM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ZOM's debt is well covered by operating cash flow (35.9%).
Interest Coverage: ZOM's interest payments on its debt are well covered by EBIT (10.4x coverage).