Zhidao International (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Zhidao International (Holdings) has a total shareholder equity of HK$192.9M and total debt of HK$12.0M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are HK$308.5M and HK$115.6M respectively.
Key information
6.2%
Debt to equity ratio
HK$11.99m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$14.27m |
| Equity | HK$192.86m |
| Total liabilities | HK$115.61m |
| Total assets | HK$308.47m |
Recent financial health updates
Recent updates
What Zhidao International (Holdings) Limited's (HKG:1220) 57% Share Price Gain Is Not Telling You
Oct 21
Optimistic Investors Push Zhidao International (Holdings) Limited (HKG:1220) Shares Up 27% But Growth Is Lacking
Sep 05Investors Give Zhidao International (Holdings) Limited (HKG:1220) Shares A 32% Hiding
Jun 09It'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$266.8M) exceed its short term liabilities (HK$112.7M).
Long Term Liabilities: 1220's short term assets (HK$266.8M) exceed its long term liabilities (HK$2.9M).
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 reduced from 10.5% to 6.2% 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 sufficient cash runway for more than a year 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 3.9% each year.