China Jo-Jo Drugstores Balance Sheet Health
Financial Health criteria checks 3/6
China Jo-Jo Drugstores has a total shareholder equity of $14.3M and total debt of $32.2M, which brings its debt-to-equity ratio to 225.3%. Its total assets and total liabilities are $95.1M and $80.8M respectively.
Key information
225.3%
Debt to equity ratio
US$32.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.15m |
| Equity | US$14.29m |
| Total liabilities | US$80.76m |
| Total assets | US$95.06m |
Recent financial health updates
Recent updates
China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable
Oct 30
China Jo - Jo Drugstores GAAP EPS of -$0.92, revenue of $164.39M
Jul 28China Jo-Jo Drugstores' (NASDAQ:CJJD) Stock Price Has Reduced 24% In The Past Five Years
Feb 09
China Jo-Jo Drugstores regains compliance with Nasdaq
Dec 23China Jo - Jo Drugstores reports Q2 results
Nov 13Financial Position Analysis
Short Term Liabilities: CJJD's short term assets ($69.7M) do not cover its short term liabilities ($74.4M).
Long Term Liabilities: CJJD's short term assets ($69.7M) exceed its long term liabilities ($6.4M).
Debt to Equity History and Analysis
Debt Level: CJJD's net debt to equity ratio (84.4%) is considered high.
Reducing Debt: CJJD's debt to equity ratio has increased from 157.6% to 225.3% 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: CJJD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CJJD has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 19.3% each year