Alexander Marine Balance Sheet Health
Financial Health criteria checks 5/6
Alexander Marine has a total shareholder equity of NT$8.6B and total debt of NT$5.0B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are NT$14.7B and NT$6.2B respectively. Alexander Marine's EBIT is NT$1.8B making its interest coverage ratio -117.1. It has cash and short-term investments of NT$4.6B.
Key information
58.0%
Debt to equity ratio
NT$4.98b
Debt
| Interest coverage ratio | -117.1x |
| Cash | NT$4.59b |
| Equity | NT$8.58b |
| Total liabilities | NT$6.16b |
| Total assets | NT$14.75b |
Recent financial health updates
Recent updates
Alexander Marine's (TWSE:8478) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 15
Alexander Marine Co., Ltd. (TWSE:8478) Just Reported Earnings, And Analysts Cut Their Target Price
Aug 15Is There An Opportunity With Alexander Marine Co., Ltd.'s (TWSE:8478) 33% Undervaluation?
Jul 23There Is A Reason Alexander Marine Co., Ltd.'s (TWSE:8478) Price Is Undemanding
Jul 01With EPS Growth And More, Alexander Marine (TWSE:8478) Makes An Interesting Case
Apr 16At NT$400, Is Alexander Marine Co., Ltd. (TWSE:8478) Worth Looking At Closely?
Apr 02Alexander Marine Co., Ltd.'s (TWSE:8478) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 07Alexander Marine (TWSE:8478) Knows How To Allocate Capital Effectively
Mar 02Does It Make Sense To Buy Alexander Marine Co., Ltd. (TPE:8478) For Its Yield?
Apr 21We Think Alexander Marine (TPE:8478) Is Taking Some Risk With Its Debt
Apr 02Has Alexander Marine (TPE:8478) Got What It Takes To Become A Multi-Bagger?
Feb 25Is Alexander Marine Co., Ltd.'s (TPE:8478) 4.5% ROE Worse Than Average?
Jan 21Our View On Alexander Marine's (TPE:8478) CEO Pay
Dec 16
Has Alexander Marine (TPE:8478) Got What It Takes To Become A Multi-Bagger?
Nov 18Financial Position Analysis
Short Term Liabilities: 8478's short term assets (NT$11.5B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 8478's short term assets (NT$11.5B) exceed its long term liabilities (NT$4.4B).
Debt to Equity History and Analysis
Debt Level: 8478's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 8478's debt to equity ratio has reduced from 126.3% to 58% over the past 5 years.
Debt Coverage: 8478's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 8478 earns more interest than it pays, so coverage of interest payments is not a concern.