Zotefoams Balance Sheet Health
Financial Health criteria checks 5/6
Zotefoams has a total shareholder equity of £120.3M and total debt of £43.1M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are £196.6M and £76.3M respectively. Zotefoams's EBIT is £16.2M making its interest coverage ratio 6.4. It has cash and short-term investments of £7.9M.
Key information
35.8%
Debt to equity ratio
UK£43.06m
Debt
| Interest coverage ratio | 6.4x |
| Cash | UK£7.94m |
| Equity | UK£120.26m |
| Total liabilities | UK£76.29m |
| Total assets | UK£196.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTFL's short term assets (£81.6M) exceed its short term liabilities (£62.7M).
Long Term Liabilities: ZTFL's short term assets (£81.6M) exceed its long term liabilities (£13.6M).
Debt to Equity History and Analysis
Debt Level: ZTFL's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: ZTFL's debt to equity ratio has increased from 32.5% to 35.8% over the past 5 years.
Debt Coverage: ZTFL's debt is well covered by operating cash flow (23.2%).
Interest Coverage: ZTFL's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:20 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zotefoams plc is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Simms | Arden Partners Plc. |
| Richard Hickinbotham | Cantor Fitzgerald Europe |
| Adrian Kearsey | Evolution Securities |