Zett Balance Sheet Health
Financial Health criteria checks 6/6
Zett has a total shareholder equity of ¥13.5B and total debt of ¥194.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥31.0B and ¥17.5B respectively. Zett's EBIT is ¥936.0M making its interest coverage ratio -13.4. It has cash and short-term investments of ¥8.3B.
Key information
1.4%
Debt to equity ratio
JP¥194.00m
Debt
| Interest coverage ratio | -13.4x |
| Cash | JP¥8.30b |
| Equity | JP¥13.49b |
| Total liabilities | JP¥17.49b |
| Total assets | JP¥30.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8135's short term assets (¥24.2B) exceed its short term liabilities (¥15.4B).
Long Term Liabilities: 8135's short term assets (¥24.2B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 8135 has more cash than its total debt.
Reducing Debt: 8135's debt to equity ratio has reduced from 1.8% to 1.4% over the past 5 years.
Debt Coverage: 8135's debt is well covered by operating cash flow (352.6%).
Interest Coverage: 8135 earns more interest than it pays, so coverage of interest payments is not a concern.