ZEAL Network Balance Sheet Health
Financial Health criteria checks 5/6
ZEAL Network has a total shareholder equity of €275.0M and total debt of €37.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are €389.3M and €114.4M respectively. ZEAL Network's EBIT is €30.3M making its interest coverage ratio 17.8. It has cash and short-term investments of €56.3M.
Key information
13.5%
Debt to equity ratio
€37.00m
Debt
| Interest coverage ratio | 17.8x |
| Cash | €56.31m |
| Equity | €274.96m |
| Total liabilities | €114.36m |
| Total assets | €389.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIMAD's short term assets (€91.0M) exceed its short term liabilities (€63.8M).
Long Term Liabilities: TIMAD's short term assets (€91.0M) exceed its long term liabilities (€50.6M).
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 13.5% over the past 5 years.
Debt Coverage: TIMAD's debt is well covered by operating cash flow (74.8%).
Interest Coverage: TIMAD's interest payments on its debt are well covered by EBIT (17.8x coverage).