Dowway Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dowway Holdings has a total shareholder equity of CN¥3.6M and total debt of CN¥18.0M, which brings its debt-to-equity ratio to 502.8%. Its total assets and total liabilities are CN¥108.9M and CN¥105.4M respectively.
Key information
502.8%
Debt to equity ratio
CN¥17.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥12.44m |
| Equity | CN¥3.58m |
| Total liabilities | CN¥105.35m |
| Total assets | CN¥108.93m |
Recent financial health updates
Recent updates
Dowway Holdings Limited's (HKG:8403) Price Is Out Of Tune With Revenues
Jan 16
Does Dowway Holdings (HKG:8403) Have A Healthy Balance Sheet?
Nov 24Dowway Holdings Limited's (HKG:8403) 28% Share Price Plunge Could Signal Some Risk
Sep 25Some Dowway Holdings Limited (HKG:8403) Shareholders Look For Exit As Shares Take 28% Pounding
Sep 25Financial Position Analysis
Short Term Liabilities: 8403's short term assets (CN¥105.3M) exceed its short term liabilities (CN¥103.4M).
Long Term Liabilities: 8403's short term assets (CN¥105.3M) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 8403's net debt to equity ratio (154.9%) is considered high.
Reducing Debt: 8403's debt to equity ratio has increased from 0% to 502.8% 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 8403 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8403 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.9% per year.