ZoomerMedia Balance Sheet Health
Financial Health criteria checks 3/6
ZoomerMedia has a total shareholder equity of CA$52.1M and total debt of CA$16.5M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are CA$108.0M and CA$55.9M respectively. ZoomerMedia's EBIT is CA$801.2K making its interest coverage ratio 0.4. It has cash and short-term investments of CA$10.4M.
Key information
31.7%
Debt to equity ratio
CA$16.50m
Debt
Interest coverage ratio | 0.4x |
Cash | CA$10.43m |
Equity | CA$52.09m |
Total liabilities | CA$55.89m |
Total assets | CA$107.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZUMR.F's short term assets (CA$26.9M) exceed its short term liabilities (CA$16.4M).
Long Term Liabilities: ZUMR.F's short term assets (CA$26.9M) do not cover its long term liabilities (CA$39.5M).
Debt to Equity History and Analysis
Debt Level: ZUMR.F's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: ZUMR.F's debt to equity ratio has increased from 0% to 31.7% over the past 5 years.
Debt Coverage: ZUMR.F's debt is well covered by operating cash flow (23.1%).
Interest Coverage: ZUMR.F's interest payments on its debt are not well covered by EBIT (0.4x coverage).