Zegona Communications Balance Sheet Health
Financial Health criteria checks 6/6
Zegona Communications has a total shareholder equity of €9.2M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €9.5M and €327.0K respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €4.31m |
Equity | €9.16m |
Total liabilities | €327.00k |
Total assets | €9.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEG's short term assets (€4.4M) exceed its short term liabilities (€327.0K).
Long Term Liabilities: ZEG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZEG is debt free.
Reducing Debt: ZEG had no debt 5 years ago.
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: ZEG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ZEG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.