Zomedica Balance Sheet Health
Financial Health criteria checks 6/6
Zomedica has a total shareholder equity of $202.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $214.1M and $11.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$76.88m |
| Equity | US$202.84m |
| Total liabilities | US$11.27m |
| Total assets | US$214.12m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZOM's short term assets ($87.3M) exceed its short term liabilities ($8.1M).
Long Term Liabilities: ZOM's short term assets ($87.3M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: ZOM is debt free.
Reducing Debt: ZOM had no debt 5 years ago.
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: ZOM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ZOM has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 16% each year.