ZoomInfo Technologies Balance Sheet Health
Financial Health criteria checks 5/6
ZoomInfo Technologies has a total shareholder equity of $2.1B and total debt of $1.2B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are $6.9B and $4.7B respectively. ZoomInfo Technologies's EBIT is $269.8M making its interest coverage ratio 11.6. It has cash and short-term investments of $551.1M.
Key information
58.2%
Debt to equity ratio
US$1.23b
Debt
Interest coverage ratio | 11.6x |
Cash | US$551.10m |
Equity | US$2.12b |
Total liabilities | US$4.75b |
Total assets | US$6.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZOM's short term assets ($864.3M) exceed its short term liabilities ($638.4M).
Long Term Liabilities: ZOM's short term assets ($864.3M) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: ZOM's net debt to equity ratio (32.1%) 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 (35.3%).
Interest Coverage: ZOM's interest payments on its debt are well covered by EBIT (11.6x coverage).