ZimVie Balance Sheet Health
Financial Health criteria checks 5/6
ZimVie has a total shareholder equity of $406.6M and total debt of $220.3M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are $782.9M and $376.3M respectively.
Key information
54.2%
Debt to equity ratio
US$220.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$66.81m |
| Equity | US$406.64m |
| Total liabilities | US$376.31m |
| Total assets | US$782.95m |
Recent financial health updates
No updates
Recent updates
ZimVie: Guidance Suggests Company Fairly Valued At The Moment (Rating Downgrade)
Jun 04ZimVie: Shrinking Its Way To Profitability
Feb 12ZimVie Inc. (NASDAQ:ZIMV) Stock Catapults 93% Though Its Price And Business Still Lag The Industry
Dec 19
ZimVie Inc.'s (NASDAQ:ZIMV) Shares Bounce 27% But Its Business Still Trails The Industry
Apr 17ZimVie: Disappointing Guidance Prompts Caution
Aug 25ZimVie Q2 Non-GAAP EPS beats, revenue down Y/Y, guidance reduced
Aug 10ZimVie: Undervalued Spin-Off
Jul 05ZimVie: Spin-Off Of Dental And Spine Units Of Zimmer Biomet
Apr 23Financial Position Analysis
Short Term Liabilities: ZIMV's short term assets ($265.7M) exceed its short term liabilities ($136.6M).
Long Term Liabilities: ZIMV's short term assets ($265.7M) exceed its long term liabilities ($239.7M).
Debt to Equity History and Analysis
Debt Level: ZIMV's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ZIMV's debt to equity ratio has reduced 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: 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 57.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ZimVie Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matt Miksic | Barclays |
| Matthew Miksic | Credit Suisse |
| null null | Equisights |