ICZOOM Group Balance Sheet Health
Financial Health criteria checks 2/6
ICZOOM Group has a total shareholder equity of $15.5M and total debt of $15.5M, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are $88.2M and $72.6M respectively. ICZOOM Group's EBIT is $875.0K making its interest coverage ratio 1.6. It has cash and short-term investments of $1.1M.
Key information
99.9%
Debt to equity ratio
US$15.53m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$1.11m |
| Equity | US$15.54m |
| Total liabilities | US$72.63m |
| Total assets | US$88.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IZM's short term assets ($86.9M) exceed its short term liabilities ($72.3M).
Long Term Liabilities: IZM's short term assets ($86.9M) exceed its long term liabilities ($375.1K).
Debt to Equity History and Analysis
Debt Level: IZM's net debt to equity ratio (92.8%) is considered high.
Reducing Debt: Insufficient data to determine if IZM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IZM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IZM's interest payments on its debt are not well covered by EBIT (1.6x coverage).