Zedge Balance Sheet Health
Financial Health criteria checks 6/6
Zedge has a total shareholder equity of $30.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $37.1M and $6.4M respectively. Zedge's EBIT is $908.0K making its interest coverage ratio -1.8. It has cash and short-term investments of $18.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -1.8x |
Cash | US$18.06m |
Equity | US$30.68m |
Total liabilities | US$6.42m |
Total assets | US$37.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 34Z's short term assets ($22.1M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: 34Z's short term assets ($22.1M) exceed its long term liabilities ($574.0K).
Debt to Equity History and Analysis
Debt Level: 34Z is debt free.
Reducing Debt: 34Z had no debt 5 years ago.
Debt Coverage: 34Z has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 34Z has no debt, therefore coverage of interest payments is not a concern.