Zai Lab Balance Sheet Health
Financial Health criteria checks 4/6
Zai Lab has a total shareholder equity of $704.2M and total debt of $70.3M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are $987.4M and $283.2M respectively.
Key information
10.0%
Debt to equity ratio
US$70.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$630.05m |
| Equity | US$704.18m |
| Total liabilities | US$283.19m |
| Total assets | US$987.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1ZL's short term assets ($869.9M) exceed its short term liabilities ($251.7M).
Long Term Liabilities: 1ZL's short term assets ($869.9M) exceed its long term liabilities ($31.5M).
Debt to Equity History and Analysis
Debt Level: 1ZL has more cash than its total debt.
Reducing Debt: 1ZL's debt to equity ratio has increased from 1.5% to 10% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1ZL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1ZL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.