ZEAL Network Balance Sheet Health
Financial Health criteria checks 4/6
ZEAL Network has a total shareholder equity of €284.6M and total debt of €40.0M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are €424.4M and €139.8M respectively. ZEAL Network's EBIT is €23.9M making its interest coverage ratio 17.7. It has cash and short-term investments of €69.2M.
Key information
14.0%
Debt to equity ratio
€39.97m
Debt
Interest coverage ratio | 17.7x |
Cash | €69.24m |
Equity | €284.57m |
Total liabilities | €139.83m |
Total assets | €424.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIMAD's short term assets (€106.0M) exceed its short term liabilities (€55.8M).
Long Term Liabilities: TIMAD's short term assets (€106.0M) exceed its long term liabilities (€84.0M).
Debt to Equity History and Analysis
Debt Level: TIMAD has more cash than its total debt.
Reducing Debt: TIMAD's debt to equity ratio has increased from 0% to 14% over the past 5 years.
Debt Coverage: TIMAD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TIMAD's interest payments on its debt are well covered by EBIT (17.7x coverage).