Zest Balance Sheet Health
Financial Health criteria checks 2/6
Zest has a total shareholder equity of €23.8M and total debt of €4.9M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are €32.8M and €8.9M respectively.
Key information
20.7%
Debt to equity ratio
€4.94m
Debt
Interest coverage ratio | n/a |
Cash | €494.27k |
Equity | €23.82m |
Total liabilities | €8.94m |
Total assets | €32.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ZEST's short term assets (€2.8M) do not cover its short term liabilities (€4.6M).
Long Term Liabilities: ZEST's short term assets (€2.8M) do not cover its long term liabilities (€4.3M).
Debt to Equity History and Analysis
Debt Level: ZEST's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: ZEST's debt to equity ratio has reduced from 21.2% to 20.7% 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: Insufficient data to determine if ZEST has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZEST has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.