Zinc Media Group Balance Sheet Health
Financial Health criteria checks 4/6
Zinc Media Group has a total shareholder equity of £5.4M and total debt of £3.5M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are £26.7M and £21.3M respectively.
Key information
63.9%
Debt to equity ratio
UK£3.48m
Debt
Interest coverage ratio | n/a |
Cash | UK£5.78m |
Equity | UK£5.44m |
Total liabilities | UK£21.27m |
Total assets | UK£26.71m |
Financial Position Analysis
Short Term Liabilities: ZIN's short term assets (£17.4M) exceed its short term liabilities (£14.6M).
Long Term Liabilities: ZIN's short term assets (£17.4M) exceed its long term liabilities (£6.7M).
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 66% to 63.9% 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: Insufficient data to determine if ZIN has enough cash runway 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.