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 Will Want Yang Ming Marine Transport's (TWSE:2609) Growth In ROCE To Persist
Jan 19Investors 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 | 2025/02/07 19:00 |
| End of Day Share Price | 2025/02/07 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Yang Ming Marine Transport Corporation is covered by 25 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 |
| null null | Capital Securities Corporation |