Dawnrays Pharmaceutical (Holdings) Financial Health
How is Dawnrays Pharmaceutical (Holdings)'s financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2348's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥543.3M).
Long Term Liabilities: 2348's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥250.9M).
Debt to Equity History and Analysis
Debt Level: 2348 has more cash than its total debt.
Reducing Debt: 2348's debt to equity ratio has increased from 0% to 1% over the past 5 years.
Debt Coverage: 2348's debt is well covered by operating cash flow (2096.3%).
Interest Coverage: 2348 earns more interest than it pays, so coverage of interest payments is not a concern.