First Steamship Financial Health

How is First Steamship's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2601's short term assets (NT$6.6B) do not cover its short term liabilities (NT$8.0B).

Long Term Liabilities: 2601's short term assets (NT$6.6B) do not cover its long term liabilities (NT$14.8B).


Debt to Equity History and Analysis

Debt Level: 2601's net debt to equity ratio (40.3%) is considered high.

Reducing Debt: 2601's debt to equity ratio has reduced from 107.9% to 63.6% over the past 5 years.

Debt Coverage: 2601's debt is well covered by operating cash flow (24.4%).

Interest Coverage: 2601's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


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