Zoomd Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Zoomd Technologies has a total shareholder equity of $8.8M and total debt of $1.5M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are $17.8M and $9.0M respectively.
Key information
17.1%
Debt to equity ratio
US$1.50m
Debt
Interest coverage ratio | n/a |
Cash | US$1.46m |
Equity | US$8.82m |
Total liabilities | US$8.99m |
Total assets | US$17.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZMDT.F's short term assets ($6.6M) do not cover its short term liabilities ($6.7M).
Long Term Liabilities: ZMDT.F's short term assets ($6.6M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: ZMDT.F's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: ZMDT.F's debt to equity ratio has reduced from 23.7% to 17.1% 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: ZMDT.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZMDT.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 3% each year.