Daido Group Balance Sheet Health
Financial Health criteria checks 3/6
Daido Group has a total shareholder equity of HK$769.0K and total debt of HK$135.0M, which brings its debt-to-equity ratio to 17555.3%. Its total assets and total liabilities are HK$236.9M and HK$236.1M respectively.
Key information
17,555.3%
Debt to equity ratio
HK$135.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$46.05m |
| Equity | HK$769.00k |
| Total liabilities | HK$236.10m |
| Total assets | HK$236.87m |
Recent financial health updates
Is Daido Group (HKG:544) Weighed On By Its Debt Load?
Sep 15
Is Daido Group (HKG:544) Using Debt In A Risky Way?
Apr 05Recent updates
Revenues Tell The Story For Daido Group Limited (HKG:544) As Its Stock Soars 45%
Oct 07Daido Group Limited (HKG:544) Shares May Have Slumped 33% But Getting In Cheap Is Still Unlikely
Feb 12Investor Optimism Abounds Daido Group Limited (HKG:544) But Growth Is Lacking
Dec 29Daido Group's (HKG:544) Earnings May Just Be The Starting Point
Sep 26Is Daido Group (HKG:544) Weighed On By Its Debt Load?
Sep 15Is Daido Group (HKG:544) Using Debt In A Risky Way?
Apr 05Estimating The Fair Value Of Daido Group Limited (HKG:544)
Aug 20Calculating The Intrinsic Value Of Daido Group Limited (HKG:544)
Mar 30Financial Position Analysis
Short Term Liabilities: 544's short term assets (HK$147.6M) do not cover its short term liabilities (HK$235.4M).
Long Term Liabilities: 544's short term assets (HK$147.6M) exceed its long term liabilities (HK$711.0K).
Debt to Equity History and Analysis
Debt Level: 544's net debt to equity ratio (11566.4%) is considered high.
Reducing Debt: 544's debt to equity ratio has increased from 103.9% to 17555.3% 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: Whilst unprofitable 544 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 544 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.3% per year.