Daohe Global Group Balance Sheet Health
Financial Health criteria checks 5/6
Daohe Global Group has a total shareholder equity of $13.3M and total debt of $4.2M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are $29.4M and $16.1M respectively. Daohe Global Group's EBIT is $1.3M making its interest coverage ratio -3.9. It has cash and short-term investments of $20.2M.
Key information
31.2%
Debt to equity ratio
US$4.15m
Debt
| Interest coverage ratio | -3.9x |
| Cash | US$20.17m |
| Equity | US$13.33m |
| Total liabilities | US$16.09m |
| Total assets | US$29.42m |
Recent financial health updates
Daohe Global Group (HKG:915) Could Easily Take On More Debt
Sep 06
Daohe Global Group (HKG:915) Has A Pretty Healthy Balance Sheet
May 12Is Daohe Global Group (HKG:915) A Risky Investment?
Dec 01Daohe Global Group (HKG:915) Could Easily Take On More Debt
Sep 01Daohe Global Group (HKG:915) Has A Rock Solid Balance Sheet
May 04Recent updates
Optimistic Investors Push Daohe Global Group Limited (HKG:915) Shares Up 39% But Growth Is Lacking
Feb 08Daohe Global Group (HKG:915) Could Easily Take On More Debt
Sep 06The Return Trends At Daohe Global Group (HKG:915) Look Promising
Jul 24Daohe Global Group (HKG:915) Has A Pretty Healthy Balance Sheet
May 12Why We Like The Returns At Daohe Global Group (HKG:915)
Jan 11Is Daohe Global Group (HKG:915) A Risky Investment?
Dec 01Under The Bonnet, Daohe Global Group's (HKG:915) Returns Look Impressive
Oct 04Earnings Working Against Daohe Global Group Limited's (HKG:915) Share Price Following 30% Dive
Sep 05Daohe Global Group (HKG:915) Could Easily Take On More Debt
Sep 01Daohe Global Group (HKG:915) Has A Rock Solid Balance Sheet
May 04Financial Position Analysis
Short Term Liabilities: 915's short term assets ($27.3M) exceed its short term liabilities ($15.2M).
Long Term Liabilities: 915's short term assets ($27.3M) exceed its long term liabilities ($932.0K).
Debt to Equity History and Analysis
Debt Level: 915 has more cash than its total debt.
Reducing Debt: 915's debt to equity ratio has increased from 15.7% to 31.2% over the past 5 years.
Debt Coverage: 915's debt is well covered by operating cash flow (69.9%).
Interest Coverage: 915 earns more interest than it pays, so coverage of interest payments is not a concern.