Zett Balance Sheet Health
Financial Health criteria checks 6/6
Zett has a total shareholder equity of ¥13.3B and total debt of ¥241.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥29.5B and ¥16.2B respectively. Zett's EBIT is ¥877.0M making its interest coverage ratio -14.6. It has cash and short-term investments of ¥6.3B.
Key information
1.8%
Debt to equity ratio
JP¥241.00m
Debt
Interest coverage ratio | -14.6x |
Cash | JP¥6.31b |
Equity | JP¥13.31b |
Total liabilities | JP¥16.23b |
Total assets | JP¥29.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8135's short term assets (¥22.7B) exceed its short term liabilities (¥14.0B).
Long Term Liabilities: 8135's short term assets (¥22.7B) exceed its long term liabilities (¥2.2B).
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 2% to 1.8% over the past 5 years.
Debt Coverage: 8135's debt is well covered by operating cash flow (283.8%).
Interest Coverage: 8135 earns more interest than it pays, so coverage of interest payments is not a concern.