Zai Lab Balance Sheet Health
Financial Health criteria checks 4/6
Zai Lab has a total shareholder equity of $667.7M and total debt of $113.0M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are $985.3M and $317.7M respectively.
Key information
16.9%
Debt to equity ratio
US$112.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$616.09m |
| Equity | US$667.67m |
| Total liabilities | US$317.68m |
| Total assets | US$985.35m |
Recent financial health updates
Zai Lab (NASDAQ:ZLAB) Has Debt But No Earnings; Should You Worry?
Sep 23
We're Hopeful That Zai Lab (NASDAQ:ZLAB) Will Use Its Cash Wisely
Mar 24Here's Why We're Not Too Worried About Zai Lab's (NASDAQ:ZLAB) Cash Burn Situation
Sep 22We Think Zai Lab (NASDAQ:ZLAB) Can Afford To Drive Business Growth
Jun 02Zai Lab (NASDAQ:ZLAB) Is In A Good Position To Deliver On Growth Plans
Jan 20Recent updates
The Zai Lab Limited (NASDAQ:ZLAB) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 15Zai Lab Limited (NASDAQ:ZLAB) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Sep 28Zai Lab (NASDAQ:ZLAB) Has Debt But No Earnings; Should You Worry?
Sep 23Shareholders May Not Be So Generous With Zai Lab Limited's (NASDAQ:ZLAB) CEO Compensation And Here's Why
Jun 12Improved Revenues Required Before Zai Lab Limited (NASDAQ:ZLAB) Stock's 50% Jump Looks Justified
May 14A Risky Bet: Zai Lab's Uncertain Future
Apr 16Lacklustre Performance Is Driving Zai Lab Limited's (NASDAQ:ZLAB) 29% Price Drop
Mar 29We're Hopeful That Zai Lab (NASDAQ:ZLAB) Will Use Its Cash Wisely
Mar 24Why Investors Shouldn't Be Surprised By Zai Lab Limited's (NASDAQ:ZLAB) Low P/S
Jan 18Here's Why We're Not Too Worried About Zai Lab's (NASDAQ:ZLAB) Cash Burn Situation
Sep 22Zai Lab Limited's (NASDAQ:ZLAB) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 24We Think Zai Lab (NASDAQ:ZLAB) Can Afford To Drive Business Growth
Jun 02Is Zai Lab Limited (NASDAQ:ZLAB) Trading At A 44% Discount?
Feb 16Zai Lab (NASDAQ:ZLAB) Is In A Good Position To Deliver On Growth Plans
Jan 20Financial Position Analysis
Short Term Liabilities: ZLAB's short term assets ($860.5M) exceed its short term liabilities ($286.3M).
Long Term Liabilities: ZLAB's short term assets ($860.5M) exceed its long term liabilities ($31.4M).
Debt to Equity History and Analysis
Debt Level: ZLAB has more cash than its total debt.
Reducing Debt: ZLAB's debt to equity ratio has increased from 1.9% to 16.9% 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: ZLAB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZLAB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.