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
These 4 Measures Indicate That Zotefoams (LON:ZTF) Is Using Debt Extensively
Oct 14
These 4 Measures Indicate That Zotefoams (LON:ZTF) Is Using Debt Extensively
Apr 07Recent updates
Zotefoams (LON:ZTF) Has Announced A Dividend Of £0.0238
Aug 19Is Zotefoams plc (LON:ZTF) Potentially Undervalued?
Jun 21Zotefoams plc's (LON:ZTF) P/E Is Still On The Mark Following 36% Share Price Bounce
May 21Zotefoams' (LON:ZTF) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 26Zotefoams (LON:ZTF) Is Paying Out A Larger Dividend Than Last Year
Mar 24Zotefoams plc Just Missed EPS By 6.4%: Here's What Analysts Think Will Happen Next
Mar 22Zotefoams (LON:ZTF) Shareholders Will Want The ROCE Trajectory To Continue
Dec 15What Is Zotefoams plc's (LON:ZTF) Share Price Doing?
Nov 16Zotefoams (LON:ZTF) Is Increasing Its Dividend To £0.0228
Aug 28Zotefoams (LON:ZTF) Has Announced That It Will Be Increasing Its Dividend To £0.0228
Aug 11Zotefoams' (LON:ZTF) Dividend Will Be Increased To £0.0462
Apr 07Zotefoams' (LON:ZTF) Dividend Will Be Increased To £0.0462
Mar 24Should You Think About Buying Zotefoams plc (LON:ZTF) Now?
Dec 19These 4 Measures Indicate That Zotefoams (LON:ZTF) Is Using Debt Extensively
Oct 14Zotefoams (LON:ZTF) Is Increasing Its Dividend To £0.0218
Aug 31Zotefoams (LON:ZTF) Is Paying Out A Larger Dividend Than Last Year
Aug 12Zotefoams' (LON:ZTF) Dividend Will Be Increased To UK£0.044
Apr 28Zotefoams' (LON:ZTF) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 26Returns On Capital Signal Tricky Times Ahead For Zotefoams (LON:ZTF)
Mar 25Are Zotefoams plc (LON:ZTF) Investors Paying Above The Intrinsic Value?
Jun 02We Think Some Shareholders May Hesitate To Increase Zotefoams plc's (LON:ZTF) CEO Compensation
May 20These 4 Measures Indicate That Zotefoams (LON:ZTF) Is Using Debt Extensively
Apr 07Results: Zotefoams plc Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 26Zotefoams (LON:ZTF) Is Reinvesting At Lower Rates Of Return
Mar 22Does This Valuation Of Zotefoams plc (LON:ZTF) Imply Investors Are Overpaying?
Mar 02Are Zotefoams' (LON:ZTF) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 10Update: Zotefoams (LON:ZTF) Stock Gained 33% In The Last Five Years
Jan 27
Financial Position Analysis
Short Term Liabilities: ZTF's short term assets (£81.6M) exceed its short term liabilities (£62.7M).
Long Term Liabilities: ZTF's short term assets (£81.6M) exceed its long term liabilities (£13.6M).
Debt to Equity History and Analysis
Debt Level: ZTF's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: ZTF's debt to equity ratio has increased from 32.5% to 35.8% over the past 5 years.
Debt Coverage: ZTF's debt is well covered by operating cash flow (23.2%).
Interest Coverage: ZTF's interest payments on its debt are well covered by EBIT (6.4x coverage).