Zenicor Medical Systems Balance Sheet Health
Financial Health criteria checks 2/6
Zenicor Medical Systems has a total shareholder equity of SEK29.0M and total debt of SEK18.0M, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are SEK58.9M and SEK29.9M respectively.
Key information
61.9%
Debt to equity ratio
SEK 17.97m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 360.72k |
| Equity | SEK 29.03m |
| Total liabilities | SEK 29.89m |
| Total assets | SEK 58.92m |
Recent financial health updates
Recent updates
Here's Why Zenicor Medical Systems (NGM:ZENI) Has A Meaningful Debt Burden
Oct 18
With EPS Growth And More, Zenicor Medical Systems (NGM:ZENI) Is Interesting
Jan 31Should You Investigate Zenicor Medical Systems AB (publ) (NGM:ZENI) At kr12.40?
Apr 13Are Zenicor Medical Systems AB (publ)'s (NGM:ZENI) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Feb 17
Financial Position Analysis
Short Term Liabilities: ZENI's short term assets (SEK22.1M) exceed its short term liabilities (SEK15.5M).
Long Term Liabilities: ZENI's short term assets (SEK22.1M) exceed its long term liabilities (SEK14.4M).
Debt to Equity History and Analysis
Debt Level: ZENI's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: ZENI's debt to equity ratio has increased from 23.1% to 61.9% 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: ZENI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZENI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/29 13:19 |
| End of Day Share Price | 2024/01/31 00:00 |
| Earnings | 2024/03/31 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Zenicor Medical Systems AB (publ) is covered by 1 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 |
|---|---|
| Oscar Stjerngren | Danske Bank |