Zalaris Balance Sheet Health
Financial Health criteria checks 3/6
Zalaris has a total shareholder equity of NOK231.6M and total debt of NOK449.7M, which brings its debt-to-equity ratio to 194.2%. Its total assets and total liabilities are NOK1.2B and NOK952.2M respectively. Zalaris's EBIT is NOK86.3M making its interest coverage ratio 2.1. It has cash and short-term investments of NOK163.2M.
Key information
194.2%
Debt to equity ratio
NOK 449.69m
Debt
| Interest coverage ratio | 2.1x |
| Cash | NOK 163.16m |
| Equity | NOK 231.55m |
| Total liabilities | NOK 952.22m |
| Total assets | NOK 1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QWF's short term assets (NOK732.3M) exceed its short term liabilities (NOK437.9M).
Long Term Liabilities: 0QWF's short term assets (NOK732.3M) exceed its long term liabilities (NOK514.3M).
Debt to Equity History and Analysis
Debt Level: 0QWF's net debt to equity ratio (123.7%) is considered high.
Reducing Debt: 0QWF's debt to equity ratio has reduced from 369.6% to 194.2% over the past 5 years.
Debt Coverage: 0QWF's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 0QWF's interest payments on its debt are not well covered by EBIT (2.1x coverage).