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 7.5. 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 | 7.5x |
| 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 (7.5x coverage).