Evergreen Aviation Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Evergreen Aviation Technologies has a total shareholder equity of NT$13.0B and total debt of NT$6.2B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are NT$23.0B and NT$10.1B respectively. Evergreen Aviation Technologies's EBIT is NT$1.9B making its interest coverage ratio 44.7. It has cash and short-term investments of NT$5.3B.
Key information
47.9%
Debt to equity ratio
NT$6.20b
Debt
Interest coverage ratio | 44.7x |
Cash | NT$5.33b |
Equity | NT$12.96b |
Total liabilities | NT$10.05b |
Total assets | NT$23.01b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2645's short term assets (NT$11.4B) exceed its short term liabilities (NT$3.3B).
Long Term Liabilities: 2645's short term assets (NT$11.4B) exceed its long term liabilities (NT$6.7B).
Debt to Equity History and Analysis
Debt Level: 2645's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 2645's debt to equity ratio has reduced from 114% to 47.9% over the past 5 years.
Debt Coverage: 2645's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 2645's interest payments on its debt are well covered by EBIT (44.7x coverage).