Yang Ming Marine Transport Balance Sheet Health
Financial Health criteria checks 5/6
Yang Ming Marine Transport has a total shareholder equity of NT$277.7B and total debt of NT$11.8B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are NT$392.6B and NT$114.9B respectively.
Key information
4.2%
Debt to equity ratio
NT$11.80b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$185.23b |
| Equity | NT$277.70b |
| Total liabilities | NT$114.91b |
| Total assets | NT$392.61b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2609's short term assets (NT$218.7B) exceed its short term liabilities (NT$52.6B).
Long Term Liabilities: 2609's short term assets (NT$218.7B) exceed its long term liabilities (NT$62.3B).
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 436.6% to 4.2% over the past 5 years.
Debt Coverage: 2609's debt is well covered by operating cash flow (28.6%).
Interest Coverage: Insufficient data to determine if 2609's interest payments on its debt are well covered by EBIT.