Dragon Rise Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dragon Rise Group Holdings has a total shareholder equity of HK$289.1M and total debt of HK$50.7M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are HK$384.6M and HK$95.5M respectively. Dragon Rise Group Holdings's EBIT is HK$7.4M making its interest coverage ratio 5.4. It has cash and short-term investments of HK$29.1M.
Key information
17.5%
Debt to equity ratio
HK$50.66m
Debt
| Interest coverage ratio | 5.4x |
| Cash | HK$29.05m |
| Equity | HK$289.14m |
| Total liabilities | HK$95.49m |
| Total assets | HK$384.63m |
Recent financial health updates
Recent updates
There's Reason For Concern Over Dragon Rise Group Holdings Limited's (HKG:6829) Massive 40% Price Jump
Jan 01
Optimistic Investors Push Dragon Rise Group Holdings Limited (HKG:6829) Shares Up 37% But Growth Is Lacking
Nov 13Dragon Rise Group Holdings Limited's (HKG:6829) Popularity With Investors Under Threat As Stock Sinks 73%
Sep 19This Is Why Dragon Rise Group Holdings Limited's (HKG:6829) CEO Can Expect A Bump Up In Their Pay Packet
Aug 10Dragon Rise Group Holdings Limited's (HKG:6829) 52% Share Price Surge Not Quite Adding Up
Jul 29Earnings Not Telling The Story For Dragon Rise Group Holdings Limited (HKG:6829) After Shares Rise 35%
Jun 05Risks Still Elevated At These Prices As Dragon Rise Group Holdings Limited (HKG:6829) Shares Dive 26%
Mar 25Getting In Cheap On Dragon Rise Group Holdings Limited (HKG:6829) Is Unlikely
Feb 07Dragon Rise Group Holdings (HKG:6829) Is Finding It Tricky To Allocate Its Capital
Sep 25Here's Why We Think Dragon Rise Group Holdings (HKG:6829) Is Well Worth Watching
Jul 06Dragon Rise Group Holdings (HKG:6829) Will Be Hoping To Turn Its Returns On Capital Around
May 30Dragon Rise Group Holdings' (HKG:6829) Returns On Capital Not Reflecting Well On The Business
Feb 06Capital Allocation Trends At Dragon Rise Group Holdings (HKG:6829) Aren't Ideal
Aug 09Shareholders Will Likely Find Dragon Rise Group Holdings Limited's (HKG:6829) CEO Compensation Acceptable
Aug 06How Much Does Dragon Rise Group Holdings' (HKG:6829) CEO Make?
Feb 19Despite Lacking Profits Dragon Rise Group Holdings (HKG:6829) Seems To Be On Top Of Its Debt
Dec 28Financial Position Analysis
Short Term Liabilities: 6829's short term assets (HK$360.0M) exceed its short term liabilities (HK$91.5M).
Long Term Liabilities: 6829's short term assets (HK$360.0M) exceed its long term liabilities (HK$4.0M).
Debt to Equity History and Analysis
Debt Level: 6829's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 6829's debt to equity ratio has increased from 7.3% to 17.5% over the past 5 years.
Debt Coverage: 6829's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6829's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 03:36 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Dragon Rise Group Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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