Zoned Properties Balance Sheet Health
Financial Health criteria checks 3/6
Zoned Properties has a total shareholder equity of $5.2M and total debt of $8.2M, which brings its debt-to-equity ratio to 157.2%. Its total assets and total liabilities are $14.4M and $9.2M respectively. Zoned Properties's EBIT is $162.1K making its interest coverage ratio 0.2. It has cash and short-term investments of $3.1M.
Key information
157.2%
Debt to equity ratio
US$8.23m
Debt
Interest coverage ratio | 0.2x |
Cash | US$3.10m |
Equity | US$5.24m |
Total liabilities | US$9.20m |
Total assets | US$14.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZDPY's short term assets ($4.1M) exceed its short term liabilities ($450.5K).
Long Term Liabilities: ZDPY's short term assets ($4.1M) do not cover its long term liabilities ($8.7M).
Debt to Equity History and Analysis
Debt Level: ZDPY's net debt to equity ratio (98%) is considered high.
Reducing Debt: ZDPY's debt to equity ratio has increased from 34.1% to 157.2% over the past 5 years.
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: Whilst unprofitable ZDPY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ZDPY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.7% per year.