ZimVie Balance Sheet Health
Financial Health criteria checks 2/6
ZimVie has a total shareholder equity of $727.8M and total debt of $522.3M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are $1.6B and $832.7M respectively.
Key information
71.8%
Debt to equity ratio
US$522.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$66.21m |
| Equity | US$727.84m |
| Total liabilities | US$832.70m |
| Total assets | US$1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZIMV *'s short term assets ($507.4M) exceed its short term liabilities ($189.7M).
Long Term Liabilities: ZIMV *'s short term assets ($507.4M) do not cover its long term liabilities ($643.0M).
Debt to Equity History and Analysis
Debt Level: ZIMV *'s net debt to equity ratio (62.7%) is considered high.
Reducing Debt: Insufficient data to determine if ZIMV *'s debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZIMV * has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZIMV * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.