Zebra Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Zebra Technologies has a total shareholder equity of $3.0B and total debt of $2.2B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are $7.3B and $4.3B respectively. Zebra Technologies's EBIT is $585.0M making its interest coverage ratio 4.4. It has cash and short-term investments of $171.0M.
Key information
73.6%
Debt to equity ratio
US$2.24b
Debt
Interest coverage ratio | 4.4x |
Cash | US$171.00m |
Equity | US$3.04b |
Total liabilities | US$4.27b |
Total assets | US$7.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZT1A's short term assets ($1.7B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: ZT1A's short term assets ($1.7B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: ZT1A's net debt to equity ratio (68%) is considered high.
Reducing Debt: ZT1A's debt to equity ratio has reduced from 119.2% to 73.6% over the past 5 years.
Debt Coverage: ZT1A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZT1A's interest payments on its debt are well covered by EBIT (4.4x coverage).