ZenaTech Balance Sheet Health
Financial Health criteria checks 1/6
ZenaTech has a total shareholder equity of CA$7.8M and total debt of CA$9.4M, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are CA$19.3M and CA$11.5M respectively. ZenaTech's EBIT is CA$271.9K making its interest coverage ratio 0.5. It has cash and short-term investments of CA$30.6K.
Key information
120.2%
Debt to equity ratio
CA$9.37m
Debt
| Interest coverage ratio | 0.5x |
| Cash | CA$30.57k |
| Equity | CA$7.80m |
| Total liabilities | CA$11.52m |
| Total assets | CA$19.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZENA's short term assets (CA$3.3M) exceed its short term liabilities (CA$2.1M).
Long Term Liabilities: ZENA's short term assets (CA$3.3M) do not cover its long term liabilities (CA$9.4M).
Debt to Equity History and Analysis
Debt Level: ZENA's net debt to equity ratio (119.8%) is considered high.
Reducing Debt: Insufficient data to determine if ZENA's debt to equity ratio has reduced 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: ZENA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZENA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32% each year