Kerry TJ Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Kerry TJ Logistics has a total shareholder equity of NT$13.1B and total debt of NT$4.3B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are NT$24.6B and NT$11.6B respectively. Kerry TJ Logistics's EBIT is NT$1.5B making its interest coverage ratio 24.5. It has cash and short-term investments of NT$1.7B.
Key information
33.3%
Debt to equity ratio
NT$4.34b
Debt
| Interest coverage ratio | 24.5x |
| Cash | NT$1.72b |
| Equity | NT$13.05b |
| Total liabilities | NT$11.60b |
| Total assets | NT$24.65b |
Recent financial health updates
Recent updates
Benign Growth For Kerry TJ Logistics Company Limited (TWSE:2608) Underpins Its Share Price
Apr 19
Kerry TJ Logistics (TPE:2608) Will Be Hoping To Turn Its Returns On Capital Around
Apr 29Should Kerry TJ Logistics Company Limited (TPE:2608) Be Part Of Your Dividend Portfolio?
Apr 16Are Kerry TJ Logistics Company Limited's (TPE:2608) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Mar 21Do Institutions Own Kerry TJ Logistics Company Limited (TPE:2608) Shares?
Mar 08If You Like EPS Growth Then Check Out Kerry TJ Logistics (TPE:2608) Before It's Too Late
Feb 23Kerry TJ Logistics (TPE:2608) Has A Pretty Healthy Balance Sheet
Feb 10
Returns On Capital At Kerry TJ Logistics (TPE:2608) Paint An Interesting Picture
Jan 28What Makes Kerry TJ Logistics Company Limited (TPE:2608) A Great Dividend Stock?
Jan 15Did You Participate In Any Of Kerry TJ Logistics' (TPE:2608) Respectable 44% Return?
Jan 02Has Kerry TJ Logistics Company Limited's (TPE:2608) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 20How Much Of Kerry TJ Logistics Company Limited (TPE:2608) Do Institutions Own?
Dec 07If You Like EPS Growth Then Check Out Kerry TJ Logistics (TPE:2608) Before It's Too Late
Nov 22Financial Position Analysis
Short Term Liabilities: 2608's short term assets (NT$3.8B) exceed its short term liabilities (NT$3.4B).
Long Term Liabilities: 2608's short term assets (NT$3.8B) do not cover its long term liabilities (NT$8.2B).
Debt to Equity History and Analysis
Debt Level: 2608's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 2608's debt to equity ratio has reduced from 40.8% to 33.3% over the past 5 years.
Debt Coverage: 2608's debt is well covered by operating cash flow (56.7%).
Interest Coverage: 2608's interest payments on its debt are well covered by EBIT (24.5x coverage).