Zoomd Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Zoomd Technologies has a total shareholder equity of $11.5M and total debt of $2.0M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are $22.0M and $10.6M respectively. Zoomd Technologies's EBIT is $3.0M making its interest coverage ratio 4.6. It has cash and short-term investments of $4.4M.
Key information
17.5%
Debt to equity ratio
US$2.01m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$4.39m |
| Equity | US$11.45m |
| Total liabilities | US$10.55m |
| Total assets | US$22.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3ZD's short term assets ($12.7M) exceed its short term liabilities ($9.0M).
Long Term Liabilities: 3ZD's short term assets ($12.7M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: 3ZD has more cash than its total debt.
Reducing Debt: 3ZD's debt to equity ratio has increased from 0% to 17.5% over the past 5 years.
Debt Coverage: 3ZD's debt is well covered by operating cash flow (171.8%).
Interest Coverage: 3ZD's interest payments on its debt are well covered by EBIT (4.6x coverage).