Zalemark Holding Co Inc (ZMRK)

[mick]

Zalemark Holding Company, Inc./ Footnotes and Ratios
For the period ended June 30, 2013
CURRENT RATIO:
http://www.otcmarkets.com/financialReportViewer?symbol=ZMRK&id=110247

The current ratio measures whether an entity has sufficient resources to pay its debts over the next 12
months. It compares an entity’s current assets to its current liabilities.
If current liabilities exceed current assets (the current ratio is below 1), as in the case of ZMRK, then
ZMRK may have challenges in meeting its short-term or current obligations.
Low values, however, do not indicate a critical issue.
Positive cash flow, which will provide for a positive current ratio, will derive from the sale of common
stock, ZMRK, and from the positive EBITDA from the Zalemark subsidiary “CompraLux”.
ACID-TEST RATIO:
The Acid-test or quick ratio measures the ability of a company to use its near cash or quick assets to
extinguish or retire its current liabilities immediately. Quick assets include those current assets that
presumably can be quickly converted to cash. A company with a Quick Ratio of less than 1 cannot
currently pay back its current liabilities.
The scenario similar to ZMRK’s Current Ratio is valid here as well..

It should be noted that Inventory is excluded from the sum of assets in the Quick Ratio, but included in
the current ratio.
Ratios are tests of viability for business entities but do not give a complete picture of the business'
health. In contrast, if the business has negotiated fast payment or cash from customers, and long terms
from suppliers, it may have a very low Quick Ratio and yet be very healthy.
INVENTORY:
Zalemark and its subsidiaries, are utilizing the “first-in, first-out”, FIFO, method of accounting for its
inventory.
DEBT REPAYMENT:
For the Year ending December 31, 2013 - $ 21,271
For the Year ending December 31, 2014 - $ 50,000
For the Year ending December 31, 2015 - $ 75,000
For the Year ending December 31, 2016 - $100,000

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