Chinese Maritime Transport Balance Sheet Health
Financial Health criteria checks 1/6
Chinese Maritime Transport has a total shareholder equity of NT$11.6B and total debt of NT$10.5B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are NT$23.4B and NT$11.8B respectively. Chinese Maritime Transport's EBIT is NT$374.3M making its interest coverage ratio 1.7. It has cash and short-term investments of NT$4.6B.
Key information
90.2%
Debt to equity ratio
NT$10.51b
Debt
Interest coverage ratio | 1.7x |
Cash | NT$4.58b |
Equity | NT$11.65b |
Total liabilities | NT$11.76b |
Total assets | NT$23.41b |
Recent financial health updates
Recent updates
Chinese Maritime Transport's (TWSE:2612) Anemic Earnings Might Be Worse Than You Think
Mar 23Chinese Maritime Transport (TPE:2612) Will Be Hoping To Turn Its Returns On Capital Around
Apr 08Does Chinese Maritime Transport's (TPE:2612) Share Price Gain of 91% Match Its Business Performance?
Mar 18We Think Chinese Maritime Transport (TPE:2612) Is Taking Some Risk With Its Debt
Feb 09Should You Or Shouldn't You: A Dividend Analysis on Chinese Maritime Transport Ltd. (TPE:2612)
Jan 22Should You Be Worried About Chinese Maritime Transport's (TPE:2612) Returns On Capital?
Jan 05Did You Participate In Any Of Chinese Maritime Transport's (TPE:2612) Respectable 49% Return?
Dec 18We're Not So Sure You Should Rely on Chinese Maritime Transport's (TPE:2612) Statutory Earnings
Dec 02Financial Position Analysis
Short Term Liabilities: 2612's short term assets (NT$5.3B) exceed its short term liabilities (NT$4.3B).
Long Term Liabilities: 2612's short term assets (NT$5.3B) do not cover its long term liabilities (NT$7.5B).
Debt to Equity History and Analysis
Debt Level: 2612's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: 2612's debt to equity ratio has increased from 90.1% to 90.2% over the past 5 years.
Debt Coverage: 2612's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 2612's interest payments on its debt are not well covered by EBIT (1.7x coverage).