Zinc Media Group Balance Sheet Health
Financial Health criteria checks 4/6
Zinc Media Group has a total shareholder equity of £3.3M and total debt of £3.5M, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are £21.7M and £18.4M respectively.
Key information
105.7%
Debt to equity ratio
UK£3.46m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.07m |
| Equity | UK£3.27m |
| Total liabilities | UK£18.44m |
| Total assets | UK£21.71m |
Financial Position Analysis
Short Term Liabilities: ZIN's short term assets (£13.6M) do not cover its short term liabilities (£16.2M).
Long Term Liabilities: ZIN's short term assets (£13.6M) exceed its long term liabilities (£2.2M).
Debt to Equity History and Analysis
Debt Level: ZIN has more cash than its total debt.
Reducing Debt: ZIN's debt to equity ratio has reduced from 140.3% to 105.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZIN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZIN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.