Zhongchao Balance Sheet Health
Financial Health criteria checks 6/6
Zhongchao has a total shareholder equity of $27.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $30.5M and $3.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.22m |
| Equity | US$27.17m |
| Total liabilities | US$3.35m |
| Total assets | US$30.53m |
Recent financial health updates
Recent updates
Benign Growth For Zhongchao Inc. (NASDAQ:ZCMD) Underpins Stock's 30% Plummet
Mar 07
Little Excitement Around Zhongchao Inc.'s (NASDAQ:ZCMD) Revenues As Shares Take 50% Pounding
Dec 28Some Investors May Be Worried About Zhongchao's (NASDAQ:ZCMD) Returns On Capital
Apr 14Investors Could Be Concerned With Zhongchao's (NASDAQ:ZCMD) Returns On Capital
Oct 15Zhongchao Inc.: Ask Why?
Sep 21Zhongchao: Cheap Growth And Value Healthcare Education Stock
Jun 29A Piece Of The Puzzle Missing From Zhongchao Inc.'s (NASDAQ:ZCMD) Share Price
May 11Zhongchao reports FY results
Apr 30How Much Did Zhongchao's(NASDAQ:ZCMD) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 23We're Not So Sure You Should Rely on Zhongchao's (NASDAQ:ZCMD) Statutory Earnings
Jan 08
Zhongchao soars 46% on contract renewal by Takeda
Nov 12Financial Position Analysis
Short Term Liabilities: ZCMD's short term assets ($18.6M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: ZCMD's short term assets ($18.6M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: ZCMD is debt free.
Reducing Debt: ZCMD has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Debt Coverage: ZCMD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZCMD has no debt, therefore coverage of interest payments is not a concern.