Zumtobel Group Balance Sheet Health
Financial Health criteria checks 6/6
Zumtobel Group has a total shareholder equity of €427.3M and total debt of €158.0M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are €984.2M and €556.9M respectively. Zumtobel Group's EBIT is €49.4M making its interest coverage ratio 4.3. It has cash and short-term investments of €64.8M.
Key information
37.0%
Debt to equity ratio
€158.02m
Debt
Interest coverage ratio | 4.3x |
Cash | €64.76m |
Equity | €427.28m |
Total liabilities | €556.88m |
Total assets | €984.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZMTB.Y's short term assets (€440.6M) exceed its short term liabilities (€285.9M).
Long Term Liabilities: ZMTB.Y's short term assets (€440.6M) exceed its long term liabilities (€271.0M).
Debt to Equity History and Analysis
Debt Level: ZMTB.Y's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: ZMTB.Y's debt to equity ratio has reduced from 76.3% to 37% over the past 5 years.
Debt Coverage: ZMTB.Y's debt is well covered by operating cash flow (50.8%).
Interest Coverage: ZMTB.Y's interest payments on its debt are well covered by EBIT (4.3x coverage).