ZIM Integrated Shipping Services Balance Sheet Health
Financial Health criteria checks 5/6
ZIM Integrated Shipping Services has a total shareholder equity of $3.9B and total debt of $125.8M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are $11.0B and $7.1B respectively. ZIM Integrated Shipping Services's EBIT is $1.8B making its interest coverage ratio 6.5. It has cash and short-term investments of $2.3B.
Key information
3.2%
Debt to equity ratio
US$125.80m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$2.32b |
| Equity | US$3.93b |
| Total liabilities | US$7.09b |
| Total assets | US$11.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2SV's short term assets ($3.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: 2SV's short term assets ($3.6B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: 2SV has more cash than its total debt.
Reducing Debt: 2SV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 2SV's debt is well covered by operating cash flow (2196%).
Interest Coverage: 2SV's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:24 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ZIM Integrated Shipping Services Ltd. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marco Limite | Barclays |
| Alexia Dogani | Barclays |
| Muneeba Kayani | BofA Global Research |