Zedge Balance Sheet Health
Financial Health criteria checks 6/6
Zedge has a total shareholder equity of $30.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $38.2M and $7.3M respectively. Zedge's EBIT is $153.0K making its interest coverage ratio -0.2. It has cash and short-term investments of $20.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.2x |
| Cash | US$20.00m |
| Equity | US$30.90m |
| Total liabilities | US$7.30m |
| Total assets | US$38.20m |
Recent financial health updates
Recent updates
Is It Too Late To Consider Buying Zedge, Inc. (NYSEMKT:ZDGE)?
Apr 19
Zedge's (NYSEMKT:ZDGE) Performance Is Even Better Than Its Earnings Suggest
Mar 23Broker Revenue Forecasts For Zedge, Inc. (NYSEMKT:ZDGE) Are Surging Higher
Mar 18Zedge, Inc.'s (NYSEMKT:ZDGE) Stock Is Going Strong: Have Financials A Role To Play?
Feb 16
Here's What Zedge, Inc.'s (NYSEMKT:ZDGE) Shareholder Ownership Structure Looks Like
Jan 27Should We Be Excited About The Trends Of Returns At Zedge (NYSEMKT:ZDGE)?
Jan 07Zedge, Inc. Just Reported A Surprise Profit And Analysts Updated Their Estimates
Dec 17Did You Miss Zedge's (NYSEMKT:ZDGE) Impressive 216% Share Price Gain?
Dec 15Financial Position Analysis
Short Term Liabilities: ZDGE's short term assets ($24.0M) exceed its short term liabilities ($6.3M).
Long Term Liabilities: ZDGE's short term assets ($24.0M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: ZDGE is debt free.
Reducing Debt: ZDGE has no debt compared to 5 years ago when its debt to equity ratio was 2%.
Debt Coverage: ZDGE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZDGE has no debt, therefore coverage of interest payments is not a concern.