Zimre Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Zimre Holdings has a total shareholder equity of ZWL442.0B and total debt of ZWL4.3B, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ZWL1,084.4B and ZWL642.5B respectively.
Key information
1.0%
Debt to equity ratio
Z$4.32b
Debt
Interest coverage ratio | n/a |
Cash | Z$206.59b |
Equity | Z$441.95b |
Total liabilities | Z$642.46b |
Total assets | Z$1.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZIMR's short term assets (ZWL492.5B) exceed its short term liabilities (ZWL120.9B).
Long Term Liabilities: ZIMR's short term assets (ZWL492.5B) do not cover its long term liabilities (ZWL521.6B).
Debt to Equity History and Analysis
Debt Level: ZIMR has more cash than its total debt.
Reducing Debt: ZIMR's debt to equity ratio has reduced from 2.5% to 1% over the past 5 years.
Debt Coverage: ZIMR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ZIMR's interest payments on its debt are well covered by EBIT.