Zeta Balance Sheet Health
Financial Health criteria checks 4/6
Zeta has a total shareholder equity of ¥940.0M and total debt of ¥1.2B, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are ¥2.4B and ¥1.5B respectively. Zeta's EBIT is ¥452.0M making its interest coverage ratio 45.2. It has cash and short-term investments of ¥1.1B.
Key information
122.8%
Debt to equity ratio
JP¥1.15b
Debt
| Interest coverage ratio | 45.2x |
| Cash | JP¥1.13b |
| Equity | JP¥940.00m |
| Total liabilities | JP¥1.49b |
| Total assets | JP¥2.43b |
Financial Position Analysis
Short Term Liabilities: 6031's short term assets (¥1.8B) exceed its short term liabilities (¥561.0M).
Long Term Liabilities: 6031's short term assets (¥1.8B) exceed its long term liabilities (¥925.0M).
Debt to Equity History and Analysis
Debt Level: 6031's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6031's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6031's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 6031's interest payments on its debt are well covered by EBIT (45.2x coverage).