Zoom Balance Sheet Health
Financial Health criteria checks 3/6
Zoom has a total shareholder equity of ¥7.9B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ¥19.3B and ¥11.3B respectively. Zoom's EBIT is ¥574.0M making its interest coverage ratio -3.4. It has cash and short-term investments of ¥2.8B.
Key information
86.7%
Debt to equity ratio
JP¥6.87b
Debt
| Interest coverage ratio | -3.4x |
| Cash | JP¥2.85b |
| Equity | JP¥7.92b |
| Total liabilities | JP¥11.34b |
| Total assets | JP¥19.26b |
Recent financial health updates
We Think Zoom (TYO:6694) Can Stay On Top Of Its Debt
Apr 28
We Think Zoom (TYO:6694) Can Stay On Top Of Its Debt
Nov 22Recent updates
We Think Zoom (TYO:6694) Can Stay On Top Of Its Debt
Apr 28What To Know Before Buying Zoom Corporation (TYO:6694) For Its Dividend
Apr 05Did Business Growth Power Zoom's (TYO:6694) Share Price Gain of 257%?
Mar 15Investors Shouldn't Be Too Comfortable With Zoom's (TYO:6694) Robust Earnings
Feb 22Zoom Corporation (TYO:6694) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Feb 16
Income Investors Should Know That Zoom Corporation (TYO:6694) Goes Ex-Dividend Soon
Dec 24Does Zoom Corporation (TYO:6694) Have A Place In Your Dividend Portfolio?
Dec 21We Think Zoom (TYO:6694) Can Stay On Top Of Its Debt
Nov 22Financial Position Analysis
Short Term Liabilities: 6694's short term assets (¥13.7B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 6694's short term assets (¥13.7B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 6694's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: 6694's debt to equity ratio has increased from 24.9% to 86.7% over the past 5 years.
Debt Coverage: 6694's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 6694 earns more interest than it pays, so coverage of interest payments is not a concern.