Zumtobel Group Balance Sheet Health
Financial Health criteria checks 6/6
Zumtobel Group has a total shareholder equity of €438.2M and total debt of €154.7M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are €1.0B and €568.8M respectively. Zumtobel Group's EBIT is €49.1M making its interest coverage ratio 6.2. It has cash and short-term investments of €63.0M.
Key information
35.3%
Debt to equity ratio
€154.70m
Debt
| Interest coverage ratio | 6.2x |
| Cash | €63.04m |
| Equity | €438.20m |
| Total liabilities | €568.78m |
| Total assets | €1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZMTB.Y's short term assets (€464.9M) exceed its short term liabilities (€372.7M).
Long Term Liabilities: ZMTB.Y's short term assets (€464.9M) exceed its long term liabilities (€196.1M).
Debt to Equity History and Analysis
Debt Level: ZMTB.Y's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: ZMTB.Y's debt to equity ratio has reduced from 92% to 35.3% over the past 5 years.
Debt Coverage: ZMTB.Y's debt is well covered by operating cash flow (66.4%).
Interest Coverage: ZMTB.Y's interest payments on its debt are well covered by EBIT (6.2x coverage).