Zaptec Balance Sheet Health
Financial Health criteria checks 3/6
Zaptec has a total shareholder equity of NOK680.4M and total debt of NOK143.1M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are NOK1.3B and NOK590.3M respectively. Zaptec's EBIT is NOK28.9M making its interest coverage ratio 2.8. It has cash and short-term investments of NOK93.6M.
Key information
21.0%
Debt to equity ratio
NOK 143.11m
Debt
| Interest coverage ratio | 2.8x |
| Cash | NOK 93.59m |
| Equity | NOK 680.42m |
| Total liabilities | NOK 590.27m |
| Total assets | NOK 1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAPO's short term assets (NOK991.4M) exceed its short term liabilities (NOK449.4M).
Long Term Liabilities: ZAPO's short term assets (NOK991.4M) exceed its long term liabilities (NOK140.9M).
Debt to Equity History and Analysis
Debt Level: ZAPO's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: ZAPO's debt to equity ratio has increased from 20.8% to 21% over the past 5 years.
Debt Coverage: ZAPO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZAPO's interest payments on its debt are not well covered by EBIT (2.8x coverage).