Zai Lab Balance Sheet Health
Financial Health criteria checks 5/6
Zai Lab has a total shareholder equity of $762.2M and total debt of $48.3M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $988.4M and $226.3M respectively.
Key information
6.3%
Debt to equity ratio
US$48.27m
Debt
Interest coverage ratio | n/a |
Cash | US$650.78m |
Equity | US$762.17m |
Total liabilities | US$226.27m |
Total assets | US$988.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9688's short term assets ($888.6M) exceed its short term liabilities ($192.1M).
Long Term Liabilities: 9688's short term assets ($888.6M) exceed its long term liabilities ($34.2M).
Debt to Equity History and Analysis
Debt Level: 9688 has more cash than its total debt.
Reducing Debt: 9688's debt to equity ratio has increased from 1.5% to 6.3% 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: 9688 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 9688 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 10.7% each year.