Zentek Ltd
NASDAQ:ZTEK
Bankruptcy Probability
Zentek Ltd's probability of bankruptcy is 2%, pointing to a small but noticeable default risk. The solvency score is 56/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Zentek Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CA |
Z
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Zentek Ltd
XTSX:ZEN
|
94.3m CAD |
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| JP |
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Hoya Corp
TSE:7741
|
9.5T JPY |
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| US |
M
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Medline Inc
NASDAQ:MDLN
|
58.6B USD |
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| CH |
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Alcon AG
SIX:ALC
|
30B CHF |
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| DK |
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Coloplast A/S
CSE:COLO B
|
110.7B DKK |
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| US |
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Align Technology Inc
NASDAQ:ALGN
|
13.3B USD |
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| UK |
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ConvaTec Group PLC
LSE:CTEC
|
4.7B GBP |
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| CN |
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Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
|
41.4B CNY |
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| CA |
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Bausch + Lomb Corp
NYSE:BLCO
|
6B USD |
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| CH |
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Ypsomed Holding AG
SIX:YPSN
|
4.1B CHF |
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| KR |
H
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HLB Inc
KOSDAQ:028300
|
6.7T KRW |
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Zentek Ltd's probability of bankruptcy is 1%, making a collapse highly unlikely.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Zentek Ltd has total debt of 1.7m CAD. This includes both short-term (0 CAD) and long-term (1.7m CAD) debt.
You can find a full breakdown on its Balance Sheet.