Zhidao International (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
Zhidao International (Holdings) has a total shareholder equity of HK$293.3M and total debt of HK$12.7M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are HK$535.2M and HK$241.9M respectively. Zhidao International (Holdings)'s EBIT is HK$14.1M making its interest coverage ratio 107.3. It has cash and short-term investments of HK$21.0M.
Key information
4.3%
Debt to equity ratio
HK$12.70m
Debt
| Interest coverage ratio | 107.3x |
| Cash | HK$21.03m |
| Equity | HK$293.31m |
| Total liabilities | HK$241.88m |
| Total assets | HK$535.18m |
Recent financial health updates
Recent updates
Investors Give Zhidao International (Holdings) Limited (HKG:1220) Shares A 32% Hiding
Jun 09
It's Down 28% But Zhidao International (Holdings) Limited (HKG:1220) Could Be Riskier Than It Looks
Apr 24Zhidao International (Holdings)'s (HKG:1220) Returns On Capital Are Heading Higher
Apr 24The Market Lifts Zhidao International (Holdings) Limited (HKG:1220) Shares 29% But It Can Do More
Feb 29We Think Zhidao International (Holdings) (HKG:1220) Can Stay On Top Of Its Debt
Feb 16Even With A 27% Surge, Cautious Investors Are Not Rewarding Zhidao International (Holdings) Limited's (HKG:1220) Performance Completely
Jan 08Zhidao International (Holdings) (HKG:1220) Is Looking To Continue Growing Its Returns On Capital
Nov 06Zhidao International (Holdings) Limited's (HKG:1220) Share Price Not Quite Adding Up
Sep 13Investors Will Want Zhidao International (Holdings)'s (HKG:1220) Growth In ROCE To Persist
Jul 04Financial Position Analysis
Short Term Liabilities: 1220's short term assets (HK$470.6M) exceed its short term liabilities (HK$237.7M).
Long Term Liabilities: 1220's short term assets (HK$470.6M) exceed its long term liabilities (HK$4.2M).
Debt to Equity History and Analysis
Debt Level: 1220 has more cash than its total debt.
Reducing Debt: 1220's debt to equity ratio has increased from 3% to 4.3% 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: 1220 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1220 has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.7% each year.