Yang Ming Marine Transport Balance Sheet Health
Financial Health criteria checks 6/6
Yang Ming Marine Transport has a total shareholder equity of NT$324.9B and total debt of NT$9.9B, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are NT$432.5B and NT$107.7B respectively. Yang Ming Marine Transport's EBIT is NT$50.8B making its interest coverage ratio -5.4. It has cash and short-term investments of NT$213.4B.
Key information
3.1%
Debt to equity ratio
NT$9.92b
Debt
| Interest coverage ratio | -5.4x |
| Cash | NT$213.36b |
| Equity | NT$324.87b |
| Total liabilities | NT$107.67b |
| Total assets | NT$432.54b |
Recent financial health updates
Yang Ming Marine Transport (TWSE:2609) Could Easily Take On More Debt
Dec 06
Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?
Apr 12Recent updates
Investors Don't See Light At End Of Yang Ming Marine Transport Corporation's (TWSE:2609) Tunnel
Dec 28Yang Ming Marine Transport (TWSE:2609) Could Easily Take On More Debt
Dec 06At NT$65.90, Is Yang Ming Marine Transport Corporation (TWSE:2609) Worth Looking At Closely?
Oct 20Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
Sep 29Yang Ming Marine Transport Corporation's (TWSE:2609) Shares Lagging The Market But So Is The Business
Sep 11Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00
Jun 26Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year
Jun 11Yang Ming Marine Transport (TWSE:2609) Is Looking To Continue Growing Its Returns On Capital
Jun 10Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic
May 22Yang Ming Marine Transport Corporation (TWSE:2609) Stock Catapults 36% Though Its Price And Business Still Lag The Industry
May 10Is There Now An Opportunity In Yang Ming Marine Transport Corporation (TWSE:2609)?
May 03Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?
Apr 12Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders
Mar 21Financial Position Analysis
Short Term Liabilities: 2609's short term assets (NT$256.4B) exceed its short term liabilities (NT$50.6B).
Long Term Liabilities: 2609's short term assets (NT$256.4B) exceed its long term liabilities (NT$57.0B).
Debt to Equity History and Analysis
Debt Level: 2609 has more cash than its total debt.
Reducing Debt: 2609's debt to equity ratio has reduced from 521.1% to 3.1% over the past 5 years.
Debt Coverage: 2609's debt is well covered by operating cash flow (682.3%).
Interest Coverage: 2609 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 | 2024/12/30 19:13 |
| End of Day Share Price | 2024/12/30 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Yang Ming Marine Transport Corporation is covered by 24 analysts. 4 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 |