Zhongchao Balance Sheet Health
Financial Health criteria checks 5/6
Zhongchao has a total shareholder equity of $20.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $24.0M and $3.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.22m |
| Equity | US$20.72m |
| Total liabilities | US$3.31m |
| Total assets | US$24.03m |
Recent financial health updates
Recent updates
Zhongchao Inc.'s (NASDAQ:ZCMD) 32% Dip In Price Shows Sentiment Is Matching Revenues
Nov 15
Zhongchao Inc. (NASDAQ:ZCMD) Surges 76% Yet Its Low P/S Is No Reason For Excitement
Oct 01Zhongchao Inc.'s (NASDAQ:ZCMD) Shares Bounce 32% But Its Business Still Trails The Industry
Aug 10Zhongchao Inc.'s (NASDAQ:ZCMD) Shares Bounce 32% But Its Business Still Trails The Industry
Apr 27Benign Growth For Zhongchao Inc. (NASDAQ:ZCMD) Underpins Stock's 30% Plummet
Mar 07Little 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 ($16.7M) exceed its short term liabilities ($2.8M).
Long Term Liabilities: ZCMD's short term assets ($16.7M) exceed its long term liabilities ($550.1K).
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 5.5%.
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: ZCMD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZCMD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.