Zalaris Balance Sheet Health
Financial Health criteria checks 4/6
Zalaris has a total shareholder equity of NOK244.0M and total debt of NOK466.5M, which brings its debt-to-equity ratio to 191.2%. Its total assets and total liabilities are NOK1.3B and NOK1.0B respectively. Zalaris's EBIT is NOK102.0M making its interest coverage ratio 2.3. It has cash and short-term investments of NOK180.1M.
Key information
191.2%
Debt to equity ratio
NOK 466.46m
Debt
| Interest coverage ratio | 2.3x |
| Cash | NOK 180.11m |
| Equity | NOK 244.02m |
| Total liabilities | NOK 1.01b |
| Total assets | NOK 1.26b |
Recent financial health updates
Zalaris (OB:ZAL) Has A Somewhat Strained Balance Sheet
Oct 09
Is Zalaris (OB:ZAL) Using Too Much Debt?
Jan 25Is Zalaris (OB:ZAL) A Risky Investment?
Oct 06Zalaris (OB:ZAL) Takes On Some Risk With Its Use Of Debt
May 03We Think Zalaris (OB:ZAL) Can Stay On Top Of Its Debt
Nov 11Here's Why Zalaris (OB:ZAL) Can Manage Its Debt Responsibly
Apr 06Recent updates
This Is Why Zalaris ASA's (OB:ZAL) CEO Compensation Looks Appropriate
Jun 12Zalaris' (OB:ZAL) Earnings Are Of Questionable Quality
May 21A Piece Of The Puzzle Missing From Zalaris ASA's (OB:ZAL) 28% Share Price Climb
Mar 08Zalaris (OB:ZAL) Hasn't Managed To Accelerate Its Returns
Feb 28Market Might Still Lack Some Conviction On Zalaris ASA (OB:ZAL) Even After 28% Share Price Boost
Jan 04Zalaris (OB:ZAL) Has A Somewhat Strained Balance Sheet
Oct 09Is Zalaris (OB:ZAL) Using Too Much Debt?
Jan 25Is Zalaris (OB:ZAL) A Risky Investment?
Oct 06Zalaris (OB:ZAL) Will Want To Turn Around Its Return Trends
Aug 26Zalaris (OB:ZAL) Takes On Some Risk With Its Use Of Debt
May 03Some Investors May Be Worried About Zalaris' (OB:ZAL) Returns On Capital
Feb 25We Think Zalaris (OB:ZAL) Can Stay On Top Of Its Debt
Nov 11Zalaris' (OB:ZAL) Profits Appear To Have Quality Issues
Sep 01Zalaris (OB:ZAL) May Have Issues Allocating Its Capital
May 18Here's Why Zalaris (OB:ZAL) Can Manage Its Debt Responsibly
Apr 06Are Dividend Investors Getting More Than They Bargained For With Zalaris ASA's (OB:ZAL) Dividend?
Mar 16The Zalaris (OB:ZAL) Share Price Is Up 89% And Shareholders Are Holding On
Feb 23Erik Langaker Is The Director of Zalaris ASA (OB:ZAL) And They Just Picked Up 1.1% More Shares
Jan 28Have Insiders Been Buying Zalaris ASA (OB:ZAL) Shares This Year?
Jan 14
We Think Zalaris (OB:ZAL) Is Taking Some Risk With Its Debt
Dec 22What Can We Learn About Zalaris' (OB:ZAL) CEO Compensation?
Nov 30Financial Position Analysis
Short Term Liabilities: ZAL's short term assets (NOK787.8M) exceed its short term liabilities (NOK485.6M).
Long Term Liabilities: ZAL's short term assets (NOK787.8M) exceed its long term liabilities (NOK528.3M).
Debt to Equity History and Analysis
Debt Level: ZAL's net debt to equity ratio (117.3%) is considered high.
Reducing Debt: ZAL's debt to equity ratio has reduced from 371.8% to 191.2% over the past 5 years.
Debt Coverage: ZAL's debt is well covered by operating cash flow (25.3%).
Interest Coverage: ZAL's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:54 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zalaris ASA is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aksel Øverland Engebakken | ABG Sundal Collier |
| Erik Hjulström | Beringer Finance AB |
| Milo Bussell | Edison Investment Research |