DorightLtd Balance Sheet Health
Financial Health criteria checks 6/6
DorightLtd has a total shareholder equity of CN¥742.5M and total debt of CN¥4.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.1B and CN¥310.5M respectively. DorightLtd's EBIT is CN¥109.3M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥167.1M.
Key information
0.6%
Debt to equity ratio
CN¥4.19m
Debt
| Interest coverage ratio | -15.9x |
| Cash | CN¥167.10m |
| Equity | CN¥742.50m |
| Total liabilities | CN¥310.51m |
| Total assets | CN¥1.05b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With DorightLtd's (SZSE:300950) Earnings
Oct 31
Doright Co.,Ltd.'s (SZSE:300950) Share Price Could Signal Some Risk
Sep 27Some Investors May Be Worried About DorightLtd's (SZSE:300950) Returns On Capital
Jul 18DorightLtd (SZSE:300950) Is Increasing Its Dividend To CN¥0.15
Jun 07Doright Co.,Ltd. (SZSE:300950) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
May 06We Think That There Are More Issues For DorightLtd (SZSE:300950) Than Just Sluggish Earnings
Apr 30Doright Co.,Ltd. (SZSE:300950) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 04Financial Position Analysis
Short Term Liabilities: 300950's short term assets (CN¥609.7M) exceed its short term liabilities (CN¥284.3M).
Long Term Liabilities: 300950's short term assets (CN¥609.7M) exceed its long term liabilities (CN¥26.2M).
Debt to Equity History and Analysis
Debt Level: 300950 has more cash than its total debt.
Reducing Debt: 300950's debt to equity ratio has reduced from 2.9% to 0.6% over the past 5 years.
Debt Coverage: 300950's debt is well covered by operating cash flow (1180%).
Interest Coverage: 300950 earns more interest than it pays, so coverage of interest payments is not a concern.