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 $3.9M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are $28.7M and $15.4M respectively. Daohe Global Group's EBIT is $1.1M making its interest coverage ratio -3.2. It has cash and short-term investments of $18.9M.
Key information
28.9%
Debt to equity ratio
US$3.86m
Debt
| Interest coverage ratio | -3.2x |
| Cash | US$18.92m |
| Equity | US$13.34m |
| Total liabilities | US$15.38m |
| Total assets | US$28.72m |
Recent financial health updates
These 4 Measures Indicate That Daohe Global Group (HKG:915) Is Using Debt Safely
Sep 25
Daohe Global Group (HKG:915) Could Easily Take On More Debt
Sep 06Daohe 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
Why Investors Shouldn't Be Surprised By Daohe Global Group Limited's (HKG:915) 55% Share Price Surge
Dec 17Returns At Daohe Global Group (HKG:915) Are On The Way Up
Nov 13Earnings Tell The Story For Daohe Global Group Limited (HKG:915) As Its Stock Soars 80%
Oct 03These 4 Measures Indicate That Daohe Global Group (HKG:915) Is Using Debt Safely
Sep 25Lacklustre Performance Is Driving Daohe Global Group Limited's (HKG:915) Low P/E
Aug 18The Return Trends At Daohe Global Group (HKG:915) Look Promising
Jun 25Optimistic 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 ($27.1M) exceed its short term liabilities ($14.7M).
Long Term Liabilities: 915's short term assets ($27.1M) exceed its long term liabilities ($641.0K).
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 22.9% to 28.9% over the past 5 years.
Debt Coverage: 915's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 915 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:41 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daohe Global Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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