Zortrax Balance Sheet Health
Financial Health criteria checks 4/6
Zortrax has a total shareholder equity of PLN116.3M and total debt of PLN5.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are PLN141.1M and PLN24.8M respectively.
Key information
4.3%
Debt to equity ratio
zł5.02m
Debt
Interest coverage ratio | n/a |
Cash | zł7.22m |
Equity | zł116.25m |
Total liabilities | zł24.84m |
Total assets | zł141.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ZRX's short term assets (PLN19.0M) do not cover its short term liabilities (PLN20.5M).
Long Term Liabilities: ZRX's short term assets (PLN19.0M) exceed its long term liabilities (PLN4.4M).
Debt to Equity History and Analysis
Debt Level: ZRX has more cash than its total debt.
Reducing Debt: ZRX's debt to equity ratio has reduced from 19.8% to 4.3% 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: ZRX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ZRX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.3% each year