Doctorglasses ChainLtd Balance Sheet Health
Financial Health criteria checks 5/6
Doctorglasses ChainLtd has a total shareholder equity of CN¥751.8M and total debt of CN¥35.0M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CN¥1.2B and CN¥422.5M respectively. Doctorglasses ChainLtd's EBIT is CN¥138.2M making its interest coverage ratio -13.1. It has cash and short-term investments of CN¥250.6M.
Key information
4.7%
Debt to equity ratio
CN¥35.00m
Debt
| Interest coverage ratio | -13.1x |
| Cash | CN¥250.64m |
| Equity | CN¥751.83m |
| Total liabilities | CN¥422.52m |
| Total assets | CN¥1.17b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Doctorglasses Chain Co.,Ltd. (SZSE:300622) As Shares Slide 27%
Sep 15
Estimating The Fair Value Of Doctorglasses Chain Co.,Ltd. (SZSE:300622)
Aug 28Investors Appear Satisfied With Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Prospects As Shares Rocket 38%
Jul 30Solid Earnings Reflect Doctorglasses ChainLtd's (SZSE:300622) Strength As A Business
Apr 09Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Shares Bounce 28% But Its Business Still Trails The Market
Mar 07Financial Position Analysis
Short Term Liabilities: 300622's short term assets (CN¥677.1M) exceed its short term liabilities (CN¥325.8M).
Long Term Liabilities: 300622's short term assets (CN¥677.1M) exceed its long term liabilities (CN¥96.7M).
Debt to Equity History and Analysis
Debt Level: 300622 has more cash than its total debt.
Reducing Debt: 300622's debt to equity ratio has increased from 0% to 4.7% over the past 5 years.
Debt Coverage: 300622's debt is well covered by operating cash flow (702.3%).
Interest Coverage: 300622 earns more interest than it pays, so coverage of interest payments is not a concern.