Alexander Marine Balance Sheet Health

Financial Health criteria checks 5/6

Alexander Marine has a total shareholder equity of NT$5.9B and total debt of NT$3.5B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are NT$11.0B and NT$5.1B respectively. Alexander Marine's EBIT is NT$2.2B making its interest coverage ratio 1603.4. It has cash and short-term investments of NT$2.4B.

Key information

60.1%

Debt to equity ratio

NT$3.52b

Debt

Interest coverage ratio	1603.4x
Cash	NT$2.42b
Equity	NT$5.85b
Total liabilities	NT$5.11b
Total assets	NT$10.96b

Recent financial health updates

We Think Alexander Marine (TPE:8478) Is Taking Some Risk With Its Debt

Apr 02

Recent updates

With EPS Growth And More, Alexander Marine (TWSE:8478) Makes An Interesting Case

Apr 16

At NT$400, Is Alexander Marine Co., Ltd. (TWSE:8478) Worth Looking At Closely?

Apr 02

Alexander Marine Co., Ltd.'s (TWSE:8478) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 07

Financial Position Analysis

Short Term Liabilities: 8478's short term assets (NT$8.8B) exceed its short term liabilities (NT$2.9B).

Long Term Liabilities: 8478's short term assets (NT$8.8B) exceed its long term liabilities (NT$2.2B).

Debt to Equity History and Analysis

Debt Level: 8478's net debt to equity ratio (18.8%) is considered satisfactory.

Reducing Debt: 8478's debt to equity ratio has reduced from 86.9% to 60.1% over the past 5 years.

Debt Coverage: 8478's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: 8478's interest payments on its debt are well covered by EBIT (1603.4x coverage).

Alexander Marine Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

We Think Alexander Marine (TPE:8478) Is Taking Some Risk With Its Debt

Recent updates

Alexander Marine Co., Ltd. to Report Q1, 2024 Results on May 06, 2024

With EPS Growth And More, Alexander Marine (TWSE:8478) Makes An Interesting Case

Now 20% undervalued

New minor risk - Share price stability

At NT$400, Is Alexander Marine Co., Ltd. (TWSE:8478) Worth Looking At Closely?

Alexander Marine Co., Ltd.'s (TWSE:8478) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Full year 2023 earnings: EPS exceeds analyst expectations

Now 20% undervalued

Investor sentiment improves as stock rises 18%

Alexander Marine (TWSE:8478) Knows How To Allocate Capital Effectively

Alexander Marine Co., Ltd., Annual General Meeting, Jun 11, 2024

Now 20% undervalued after recent price drop

New major risk - Share price stability

New minor risk - Dividend sustainability

Price target decreased by 21% to NT$454

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 18%

Upcoming dividend of NT$10.00 per share at 1.7% yield

Investor sentiment improves as stock rises 24%

Alexander Marine Co., Ltd. Appoints Yu Chou Huang as Corporate Governance Officer

Investor sentiment deteriorates as stock falls 18%

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 19%

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: NT$4.72 (vs NT$2.02 in 3Q 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: NT$6.15 (vs NT$4.48 in 2Q 2021)

Upcoming dividend of NT$5.00 per share

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: NT$4.40 (vs NT$0.10 in 1Q 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS NT$2.02 (vs NT$3.27 loss in 3Q 2020)

Upcoming dividend of NT$1.02 per share

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS NT$4.48 (vs NT$2.97 in 2Q 2020)

Independent Director Neng Mou Tu has left the company

Investor sentiment improved over the past week

Director Yen Sung Chen has left the company

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.49 loss in 1Q 2020)

Does It Make Sense To Buy Alexander Marine Co., Ltd. (TPE:8478) For Its Yield?

We Think Alexander Marine (TPE:8478) Is Taking Some Risk With Its Debt

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS NT$1.04 (vs NT$0.50 in FY 2019)

Has Alexander Marine (TPE:8478) Got What It Takes To Become A Multi-Bagger?

New 90-day low: NT$40.10

Is Alexander Marine Co., Ltd.'s (TPE:8478) 4.5% ROE Worse Than Average?

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

New 90-day low: NT$55.00

Our View On Alexander Marine's (TPE:8478) CEO Pay

Has Alexander Marine (TPE:8478) Got What It Takes To Become A Multi-Bagger?

Third quarter 2020 earnings released: NT$3.27 loss per share

Upcoming Dividend of NT$0.51 Per Share

New 90-day high - NT$63.80

New 90-day high - NT$50.90

First half earnings released

New 90-day high - NT$42.20

Financial Position Analysis