Evergreen Marine Corporation (Taiwan) Balance Sheet Health
Financial Health criteria checks 6/6
Evergreen Marine (Taiwan) has a total shareholder equity of NT$564.0B and total debt of NT$44.6B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are NT$861.4B and NT$297.4B respectively. Evergreen Marine (Taiwan)'s EBIT is NT$126.6B making its interest coverage ratio -23.2. It has cash and short-term investments of NT$244.1B.
Key information
7.9%
Debt to equity ratio
NT$44.58b
Debt
| Interest coverage ratio | -23.2x |
| Cash | NT$244.06b |
| Equity | NT$563.97b |
| Total liabilities | NT$297.45b |
| Total assets | NT$861.41b |
Recent financial health updates
No updates
Recent updates
Are Investors Undervaluing Evergreen Marine Corporation (Taiwan) Ltd. (TWSE:2603) By 22%?
Dec 02
Evergreen Marine Corporation (Taiwan) Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 17Is Now An Opportune Moment To Examine Evergreen Marine Corporation (Taiwan) Ltd. (TWSE:2603)?
Oct 17Improved Earnings Required Before Evergreen Marine Corporation (Taiwan) Ltd. (TWSE:2603) Shares Find Their Feet
Sep 30We Like These Underlying Return On Capital Trends At Evergreen Marine Corporation (Taiwan) (TWSE:2603)
Sep 15Weak Statutory Earnings May Not Tell The Whole Story For Evergreen Marine Corporation (Taiwan) (TWSE:2603)
Aug 23Brokers Are Upgrading Their Views On Evergreen Marine Corporation (Taiwan) Ltd. (TWSE:2603) With These New Forecasts
Aug 22Financial Position Analysis
Short Term Liabilities: 2603's short term assets (NT$300.7B) exceed its short term liabilities (NT$137.9B).
Long Term Liabilities: 2603's short term assets (NT$300.7B) exceed its long term liabilities (NT$159.6B).
Debt to Equity History and Analysis
Debt Level: 2603 has more cash than its total debt.
Reducing Debt: 2603's debt to equity ratio has reduced from 174% to 7.9% over the past 5 years.
Debt Coverage: 2603's debt is well covered by operating cash flow (317.5%).
Interest Coverage: 2603 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:10 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Evergreen Marine Corporation (Taiwan) Ltd. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Nathan Gee | BofA Global Research |
| Yayue Hsueh | Capital Securities Corporation |