Zynex Balance Sheet Health
Financial Health criteria checks 4/6
Zynex has a total shareholder equity of $35.8M and total debt of $58.3M, which brings its debt-to-equity ratio to 163%. Its total assets and total liabilities are $126.1M and $90.3M respectively. Zynex's EBIT is $8.9M making its interest coverage ratio 4.1. It has cash and short-term investments of $37.6M.
Key information
163.0%
Debt to equity ratio
US$58.32m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$37.63m |
| Equity | US$35.77m |
| Total liabilities | US$90.29m |
| Total assets | US$126.06m |
Recent financial health updates
Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly
Oct 26
Is Zynex (NASDAQ:ZYXI) Using Too Much Debt?
Aug 03These 4 Measures Indicate That Zynex (NASDAQ:ZYXI) Is Using Debt Safely
Aug 02Recent updates
Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly
Oct 26Zynex, Inc.: 2025 Looks Like A Brighter Year
Oct 09With Zynex, Inc. (NASDAQ:ZYXI) It Looks Like You'll Get What You Pay For
Jul 31Earnings Update: Here's Why Analysts Just Lifted Their Zynex, Inc. (NASDAQ:ZYXI) Price Target To US$19.88
May 03Earnings Miss: Zynex, Inc. Missed EPS By 33% And Analysts Are Revising Their Forecasts
Mar 03Why Investors Shouldn't Be Surprised By Zynex, Inc.'s (NASDAQ:ZYXI) P/E
Jan 24Is Zynex (NASDAQ:ZYXI) Using Too Much Debt?
Aug 03Are Investors Undervaluing Zynex, Inc. (NASDAQ:ZYXI) By 43%?
Mar 30Should You Be Adding Zynex (NASDAQ:ZYXI) To Your Watchlist Today?
Jan 23Short Squeeze Candidate With Low PEG Ratio: Zynex
Oct 05Zynex begins enrollment in blood loss detection trial for CM-1600 monitoring system
Sep 21These 4 Measures Indicate That Zynex (NASDAQ:ZYXI) Is Using Debt Safely
Aug 02Zynex Cures The Pain Of Its Shareholders: Q2 Results
Aug 01Zynex: Upside Looks Well Priced In, Efficiency Headwinds Remain
Jul 25Is Zynex, Inc. (NASDAQ:ZYXI) Trading At A 46% Discount?
Jul 12Zynex June and Q2 orders hit all-time high, re-affirms Q2 and FY22 guidance
Jul 11Financial Position Analysis
Short Term Liabilities: ZYXI's short term assets ($78.4M) exceed its short term liabilities ($19.9M).
Long Term Liabilities: ZYXI's short term assets ($78.4M) exceed its long term liabilities ($70.4M).
Debt to Equity History and Analysis
Debt Level: ZYXI's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: ZYXI's debt to equity ratio has increased from 0% to 163% over the past 5 years.
Debt Coverage: ZYXI's debt is well covered by operating cash flow (28.2%).
Interest Coverage: ZYXI's interest payments on its debt are well covered by EBIT (4.1x coverage).