Alexander Marine Balance Sheet Health
Financial Health criteria checks 4/6
Alexander Marine has a total shareholder equity of NT$6.7B and total debt of NT$4.8B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are NT$12.8B and NT$6.1B respectively. Alexander Marine's EBIT is NT$2.1B making its interest coverage ratio 4509.3. It has cash and short-term investments of NT$2.1B.
Key information
71.5%
Debt to equity ratio
NT$4.76b
Debt
Interest coverage ratio | 4509.3x |
Cash | NT$2.09b |
Equity | NT$6.66b |
Total liabilities | NT$6.14b |
Total assets | NT$12.80b |
Recent financial health updates
Recent updates
There 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 16Has 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$9.7B) exceed its short term liabilities (NT$3.0B).
Long Term Liabilities: 8478's short term assets (NT$9.7B) exceed its long term liabilities (NT$3.1B).
Debt to Equity History and Analysis
Debt Level: 8478's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: 8478's debt to equity ratio has reduced from 112% to 71.5% over the past 5 years.
Debt Coverage: 8478's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8478's interest payments on its debt are well covered by EBIT (4509.3x coverage).