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
kr17.97m
Debt
Interest coverage ratio | n/a |
Cash | kr360.72k |
Equity | kr29.03m |
Total liabilities | kr29.89m |
Total assets | kr58.92m |
Recent financial health updates
Recent updates
Here's Why Zenicor Medical Systems (NGM:ZENI) Has A Meaningful Debt Burden
Oct 18With 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 17Financial 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