Zebra Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Zebra Technologies has a total shareholder equity of $3.6B and total debt of $2.5B, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are $8.5B and $4.9B respectively. Zebra Technologies's EBIT is $800.0M making its interest coverage ratio 7.4. It has cash and short-term investments of $125.0M.
Key information
69.73%
Debt to equity ratio
US$2.50b
Debt
| Interest coverage ratio | 7.4x |
| Cash | US$125.00m |
| Equity | US$3.59b |
| Total liabilities | US$4.91b |
| Total assets | US$8.50b |
Recent financial health updates
Is Zebra Technologies (NASDAQ:ZBRA) Using Too Much Debt?
Aug 05
Zebra Technologies (NASDAQ:ZBRA) Seems To Use Debt Quite Sensibly
Apr 28Recent updates
Earnings Miss: Zebra Technologies Corporation Missed EPS By 19% And Analysts Are Revising Their Forecasts
Feb 15Zebra Technologies Q4 Earnings: Beat Signals A Powerful AI Pivot
Feb 13Zebra Technologies (NASDAQ:ZBRA) May Have Issues Allocating Its Capital
Jan 07What You Can Learn From Zebra Technologies Corporation's (NASDAQ:ZBRA) P/E After Its 25% Share Price Crash
Nov 21Zebra Technologies Corporation (NASDAQ:ZBRA) Not Flying Under The Radar
Sep 06Is Zebra Technologies (NASDAQ:ZBRA) Using Too Much Debt?
Aug 05Is There An Opportunity With Zebra Technologies Corporation's (NASDAQ:ZBRA) 25% Undervaluation?
Jun 22Is Now An Opportune Moment To Examine Zebra Technologies Corporation (NASDAQ:ZBRA)?
May 26Zebra Technologies Corporation (NASDAQ:ZBRA) Looks Just Right With A 33% Price Jump
May 13Returns On Capital At Zebra Technologies (NASDAQ:ZBRA) Paint A Concerning Picture
May 12Zebra Technologies (NASDAQ:ZBRA) Seems To Use Debt Quite Sensibly
Apr 28Zebra Technologies: Great Business, Mediocre Growth
Apr 16Zebra Technologies Corporation's (NASDAQ:ZBRA) Intrinsic Value Is Potentially 60% Above Its Share Price
Mar 17Zebra Technologies: The Impact Of Inventory Reductions
Feb 03Zebra Technologies Q3: Broad Demand Recovery
Nov 22Zebra Technologies: Optimizing Workflow For Customers; Initiate With 'Buy'
Sep 16
AI And Calculated Acquisitions Set To Propel Mobile Computing Giant Into A New Era Of Growth
Introduction of AI and LLMs in Zebra's devices is expected to increase appeal and demand, improving operational efficiencies for customers.Financial Position Analysis
Short Term Liabilities: ZBRA's short term assets ($1.8B) do not cover its short term liabilities ($1.9B).
Long Term Liabilities: ZBRA's short term assets ($1.8B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: ZBRA's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: ZBRA's debt to equity ratio has increased from 60.2% to 69.7% over the past 5 years.
Debt Coverage: ZBRA's debt is well covered by operating cash flow (36.7%).
Interest Coverage: ZBRA's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/03 12:49 |
| End of Day Share Price | 2026/03/03 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Zebra Technologies Corporation is covered by 37 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Mason | Baird |
| Timothy Long | Barclays |
| Guy Hardwick | Barclays |