Dragon Rise Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dragon Rise Group Holdings has a total shareholder equity of HK$269.0M and total debt of HK$6.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are HK$318.4M and HK$49.4M respectively. Dragon Rise Group Holdings's EBIT is HK$5.6M making its interest coverage ratio -8.3. It has cash and short-term investments of HK$97.5M.
Key information
2.2%
Debt to equity ratio
HK$6.01m
Debt
| Interest coverage ratio | -8.3x |
| Cash | HK$97.46m |
| Equity | HK$269.03m |
| Total liabilities | HK$49.40m |
| Total assets | HK$318.42m |
Recent financial health updates
Recent updates
Risks Still Elevated At These Prices As Dragon Rise Group Holdings Limited (HKG:6829) Shares Dive 26%
Mar 25
Getting 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$289.3M) exceed its short term liabilities (HK$44.8M).
Long Term Liabilities: 6829's short term assets (HK$289.3M) exceed its long term liabilities (HK$4.6M).
Debt to Equity History and Analysis
Debt Level: 6829 has more cash than its total debt.
Reducing Debt: 6829's debt to equity ratio has increased from 1.4% to 2.2% over the past 5 years.
Debt Coverage: 6829's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6829 earns more interest than it pays, so coverage of interest payments is not a concern.