Zeo Energy Balance Sheet Health
Financial Health criteria checks 5/6
Zeo Energy has a total shareholder equity of $32.3M and total debt of $1.8M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are $48.0M and $15.7M respectively. Zeo Energy's EBIT is $6.5M making its interest coverage ratio 52.7. It has cash and short-term investments of $8.0M.
Key information
5.5%
Debt to equity ratio
US$1.79m
Debt
| Interest coverage ratio | 52.7x |
| Cash | US$8.02m |
| Equity | US$32.33m |
| Total liabilities | US$15.65m |
| Total assets | US$47.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ZEO's short term assets ($16.1M) exceed its short term liabilities ($13.6M).
Long Term Liabilities: ZEO's short term assets ($16.1M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: ZEO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ZEO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZEO's debt is well covered by operating cash flow (666.7%).
Interest Coverage: ZEO's interest payments on its debt are well covered by EBIT (52.7x coverage).