ICZOOM Group Balance Sheet Health
Financial Health criteria checks 3/6
ICZOOM Group has a total shareholder equity of $15.4M and total debt of $12.2M, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are $40.0M and $24.6M respectively.
Key information
79.5%
Debt to equity ratio
US$12.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.45m |
| Equity | US$15.38m |
| Total liabilities | US$24.59m |
| Total assets | US$39.98m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IZM's short term assets ($39.1M) exceed its short term liabilities ($24.6M).
Long Term Liabilities: IZM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IZM's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: IZM's debt to equity ratio has reduced from 714.1% to 79.5% over the past 5 years.
Debt Coverage: IZM's debt is not well covered by operating cash flow (17%).
Interest Coverage: Insufficient data to determine if IZM's interest payments on its debt are well covered by EBIT.