Zhongzheng International Balance Sheet Health
Financial Health criteria checks 1/6
Zhongzheng International has a total shareholder equity of HK$58.1M and total debt of HK$1.4B, which brings its debt-to-equity ratio to 2350.6%. Its total assets and total liabilities are HK$2.2B and HK$2.1B respectively.
Key information
2,350.6%
Debt to equity ratio
HK$1.37b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$43.85m |
| Equity | HK$58.08m |
| Total liabilities | HK$2.13b |
| Total assets | HK$2.19b |
Recent financial health updates
Is Zhongzheng International (HKG:943) Using Debt In A Risky Way?
Jun 24
Is Zhongzheng International (HKG:943) Weighed On By Its Debt Load?
Mar 09Zhongzheng International (HKG:943) Has Debt But No Earnings; Should You Worry?
Sep 27Health Check: How Prudently Does Zhongzheng International (HKG:943) Use Debt?
Apr 02Recent updates
Zhongzheng International Company Limited's (HKG:943) Price In Tune With Revenues
Mar 14Zhongzheng International's (HKG:943) Returns On Capital Are Heading Higher
Feb 08Zhongzheng International's (HKG:943) Earnings Aren't As Good As They Appear
Dec 06Is Zhongzheng International (HKG:943) Using Debt In A Risky Way?
Jun 24Is Zhongzheng International (HKG:943) Weighed On By Its Debt Load?
Mar 09Zhongzheng International (HKG:943) Has Debt But No Earnings; Should You Worry?
Sep 27Health Check: How Prudently Does Zhongzheng International (HKG:943) Use Debt?
Apr 02If You Had Bought Zhongzheng International's (HKG:943) Shares Five Years Ago You Would Be Down 81%
Nov 25
Financial Position Analysis
Short Term Liabilities: 943's short term assets (HK$1.6B) do not cover its short term liabilities (HK$2.1B).
Long Term Liabilities: 943's short term assets (HK$1.6B) exceed its long term liabilities (HK$37.4M).
Debt to Equity History and Analysis
Debt Level: 943's net debt to equity ratio (2275.1%) is considered high.
Reducing Debt: 943's debt to equity ratio has increased from 1.4% to 2350.6% 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: 943 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 943 has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.5% each year.