ZimVie Financial Health
How is ZimVie's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ZIMV's short term assets ($546.2M) exceed its short term liabilities ($217.5M).
Long Term Liabilities: ZIMV's short term assets ($546.2M) do not cover its long term liabilities ($678.1M).
Debt to Equity History and Analysis
Debt Level: ZIMV's net debt to equity ratio (59.1%) is considered high.
Reducing Debt: Insufficient data to determine if ZIMV's debt to equity ratio has reduced over the past 5 years.
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: Whilst unprofitable ZIMV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ZIMV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 53.4% per year.