ZTEST Electronics Balance Sheet Health
Financial Health criteria checks 6/6
ZTEST Electronics has a total shareholder equity of CA$2.1M and total debt of CA$153.1K, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CA$4.4M and CA$2.3M respectively. ZTEST Electronics's EBIT is CA$1.2M making its interest coverage ratio 41.5. It has cash and short-term investments of CA$621.7K.
Key information
7.1%
Debt to equity ratio
CA$153.06k
Debt
Interest coverage ratio | 41.5x |
Cash | CA$621.67k |
Equity | CA$2.14m |
Total liabilities | CA$2.28m |
Total assets | CA$4.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTST.F's short term assets (CA$3.6M) exceed its short term liabilities (CA$1.9M).
Long Term Liabilities: ZTST.F's short term assets (CA$3.6M) exceed its long term liabilities (CA$360.0K).
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 15.6% to 7.1% over the past 5 years.
Debt Coverage: ZTST.F's debt is well covered by operating cash flow (416.4%).
Interest Coverage: ZTST.F's interest payments on its debt are well covered by EBIT (41.5x coverage).