ZJK Industrial Balance Sheet Health
Financial Health criteria checks 5/6
ZJK Industrial has a total shareholder equity of $21.7M and total debt of $433.1K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are $38.3M and $16.6M respectively. ZJK Industrial's EBIT is $6.3M making its interest coverage ratio 69.2. It has cash and short-term investments of $2.9M.
Key information
2.0%
Debt to equity ratio
US$433.09k
Debt
| Interest coverage ratio | 69.2x |
| Cash | US$2.94m |
| Equity | US$21.70m |
| Total liabilities | US$16.58m |
| Total assets | US$38.28m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ZJK's short term assets ($28.5M) exceed its short term liabilities ($15.7M).
Long Term Liabilities: ZJK's short term assets ($28.5M) exceed its long term liabilities ($829.2K).
Debt to Equity History and Analysis
Debt Level: ZJK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ZJK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZJK's debt is well covered by operating cash flow (950.5%).
Interest Coverage: ZJK's interest payments on its debt are well covered by EBIT (69.2x coverage).