Zynex Balance Sheet Health
Financial Health criteria checks 5/6
Zynex has a total shareholder equity of $46.1M and total debt of $57.6M, which brings its debt-to-equity ratio to 124.9%. Its total assets and total liabilities are $136.9M and $90.8M respectively. Zynex's EBIT is $10.8M making its interest coverage ratio 9.9. It has cash and short-term investments of $44.6M.
Key information
124.9%
Debt to equity ratio
US$57.61m
Debt
Interest coverage ratio | 9.9x |
Cash | US$44.58m |
Equity | US$46.13m |
Total liabilities | US$90.78m |
Total assets | US$136.90m |
Recent financial health updates
Is Zynex (NASDAQ:ZYXI) Using Too Much Debt?
Aug 03These 4 Measures Indicate That Zynex (NASDAQ:ZYXI) Is Using Debt Safely
Aug 02Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly
Mar 23Recent updates
Earnings 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 11Is It Time To Consider Buying Zynex, Inc. (NASDAQ:ZYXI)?
Apr 13Zynex (NASDAQ:ZYXI) Seems To Use Debt Quite Sensibly
Mar 23Zynex: Letter Indicates UnitedHealthcare Is Terminating Contract - An Undisclosed Loss Accounting For 50%+ EBITDA
Feb 17Zynex: Turnaround Nears Inevitable End - Largest Payor Cuts TENS Reimbursement, May Eliminate Earnings
Dec 10Financial Position Analysis
Short Term Liabilities: ZYXI's short term assets ($87.9M) exceed its short term liabilities ($18.5M).
Long Term Liabilities: ZYXI's short term assets ($87.9M) exceed its long term liabilities ($72.2M).
Debt to Equity History and Analysis
Debt Level: ZYXI's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: ZYXI's debt to equity ratio has increased from 0% to 124.9% over the past 5 years.
Debt Coverage: ZYXI's debt is well covered by operating cash flow (30.8%).
Interest Coverage: ZYXI's interest payments on its debt are well covered by EBIT (9.9x coverage).