Zalaris Balance Sheet Health
Financial Health criteria checks 3/6
Zalaris has a total shareholder equity of NOK229.4M and total debt of NOK459.0M, which brings its debt-to-equity ratio to 200.1%. Its total assets and total liabilities are NOK1.2B and NOK978.3M respectively. Zalaris's EBIT is NOK80.2M making its interest coverage ratio 1.9. It has cash and short-term investments of NOK160.8M.
Key information
200.1%
Debt to equity ratio
NOK 459.00m
Debt
| Interest coverage ratio | 1.9x |
| Cash | NOK 160.82m |
| Equity | NOK 229.43m |
| Total liabilities | NOK 978.31m |
| Total assets | NOK 1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZALO's short term assets (NOK750.5M) exceed its short term liabilities (NOK453.0M).
Long Term Liabilities: ZALO's short term assets (NOK750.5M) exceed its long term liabilities (NOK525.3M).
Debt to Equity History and Analysis
Debt Level: ZALO's net debt to equity ratio (130%) is considered high.
Reducing Debt: ZALO's debt to equity ratio has reduced from 351% to 200.1% over the past 5 years.
Debt Coverage: ZALO's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: ZALO's interest payments on its debt are not well covered by EBIT (1.9x coverage).