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.