Zara Investment Holding Financial Health
Financial Health criteria checks 5/6
Zara Investment Holding has a total shareholder equity of JOD162.3M and total debt of JOD16.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are JOD207.5M and JOD45.3M respectively. Zara Investment Holding's EBIT is JOD7.0M making its interest coverage ratio 11.2. It has cash and short-term investments of JOD25.9M.
Debt to equity ratio
|Interest coverage ratio||11.2x|
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ZARA's short term assets (JOD35.1M) exceed its short term liabilities (JOD17.6M).
Long Term Liabilities: ZARA's short term assets (JOD35.1M) exceed its long term liabilities (JOD27.7M).
Debt to Equity History and Analysis
Debt Level: ZARA has more cash than its total debt.
Reducing Debt: ZARA's debt to equity ratio has increased from 7% to 9.9% over the past 5 years.
Debt Coverage: ZARA's debt is well covered by operating cash flow (90.1%).
Interest Coverage: ZARA's interest payments on its debt are well covered by EBIT (11.2x coverage).