Zai Lab Balance Sheet Health
Financial Health criteria checks 4/6
Zai Lab has a total shareholder equity of $667.7M and total debt of $113.0M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are $985.3M and $317.7M respectively.
Key information
16.9%
Debt to equity ratio
US$112.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$616.09m |
| Equity | US$667.67m |
| Total liabilities | US$317.68m |
| Total assets | US$985.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZLAB N's short term assets ($860.5M) exceed its short term liabilities ($286.3M).
Long Term Liabilities: ZLAB N's short term assets ($860.5M) exceed its long term liabilities ($31.4M).
Debt to Equity History and Analysis
Debt Level: ZLAB N has more cash than its total debt.
Reducing Debt: ZLAB N's debt to equity ratio has increased from 1.9% to 16.9% 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: ZLAB N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZLAB N has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.