ZK International Group Balance Sheet Health
Financial Health criteria checks 2/6
ZK International Group has a total shareholder equity of $28.6M and total debt of $26.1M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are $77.2M and $48.7M respectively.
Key information
91.3%
Debt to equity ratio
US$26.09m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.99m |
| Equity | US$28.57m |
| Total liabilities | US$48.66m |
| Total assets | US$77.22m |
Recent financial health updates
Recent updates
Fewer Investors Than Expected Jumping On ZK International Group Co., Ltd. (NASDAQ:ZKIN)
Dec 19
ZK international receives nasdaq notice regarding minimum bid requirements
Oct 19ZK International's portfolio company, Maximbet continues its multi-state expansion
Oct 05ZK International GAAP EPS of $0.00, revenue of $42.89M
Sep 28ZK International stock gains on $75M bid for Shenzhen water market project
Aug 09Why We Think ZK International Group Co., Ltd.'s (NASDAQ:ZKIN) CEO Compensation Is Not Excessive At All
Sep 21ZK International plans to expand in Europe as supply shortage brings opportunity
Jun 21ZK International's Pullback Could Be An Opportunity To Buy
May 06ZK International's DeFi Platform, Crypto ETF, And Upcoming Crypto Coin Could Hit The Jackpot
Feb 03ZK International surges 163% PM as subsidiary completes development of smart contract
Dec 28ZK international +12% on developing and deploying disruptive blockchain solutions through xSigma funding
Nov 23ZKIN A Blockchain Play For IOT And Supply Chain Management
Nov 13Financial Position Analysis
Short Term Liabilities: ZKIN's short term assets ($62.0M) exceed its short term liabilities ($40.0M).
Long Term Liabilities: ZKIN's short term assets ($62.0M) exceed its long term liabilities ($8.6M).
Debt to Equity History and Analysis
Debt Level: ZKIN's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: ZKIN's debt to equity ratio has increased from 46.5% to 91.3% 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: Insufficient data to determine if ZKIN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZKIN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.