Advance ZincTek Balance Sheet Health
Financial Health criteria checks 4/6
Advance ZincTek has a total shareholder equity of A$34.4M and total debt of A$320.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are A$37.7M and A$3.4M respectively.
Key information
0.9%
Debt to equity ratio
AU$320.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$163.00k |
| Equity | AU$34.38m |
| Total liabilities | AU$3.36m |
| Total assets | AU$37.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADVN.F's short term assets (A$15.7M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: ADVN.F's short term assets (A$15.7M) exceed its long term liabilities (A$1.3M).
Debt to Equity History and Analysis
Debt Level: ADVN.F's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: ADVN.F's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: ADVN.F's debt is well covered by operating cash flow (699.7%).
Interest Coverage: Insufficient data to determine if ADVN.F's interest payments on its debt are well covered by EBIT.