ZTEST Electronics Balance Sheet Health
Financial Health criteria checks 6/6
ZTEST Electronics has a total shareholder equity of CA$4.5M and total debt of CA$121.3K, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CA$7.0M and CA$2.5M respectively. ZTEST Electronics's EBIT is CA$2.1M making its interest coverage ratio 1658.4. It has cash and short-term investments of CA$2.8M.
Key information
2.7%
Debt to equity ratio
CA$121.28k
Debt
| Interest coverage ratio | 1658.4x |
| Cash | CA$2.78m |
| Equity | CA$4.50m |
| Total liabilities | CA$2.51m |
| Total assets | CA$7.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTST.F's short term assets (CA$5.7M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: ZTST.F's short term assets (CA$5.7M) exceed its long term liabilities (CA$359.2K).
Debt to Equity History and Analysis
Debt Level: ZTST.F has more cash than its total debt.
Reducing Debt: ZTST.F's debt to equity ratio has reduced from 11.6% to 2.7% over the past 5 years.
Debt Coverage: ZTST.F's debt is well covered by operating cash flow (2005.9%).
Interest Coverage: ZTST.F's interest payments on its debt are well covered by EBIT (1658.4x coverage).