Wan Hai Lines Balance Sheet Health
Financial Health criteria checks 6/6
Wan Hai Lines has a total shareholder equity of NT$241.8B and total debt of NT$74.3B, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are NT$389.7B and NT$147.9B respectively. Wan Hai Lines's EBIT is NT$35.1B making its interest coverage ratio -7.4. It has cash and short-term investments of NT$143.7B.
Key information
30.7%
Debt to equity ratio
NT$74.34b
Debt
| Interest coverage ratio | -7.4x |
| Cash | NT$143.69b |
| Equity | NT$241.85b |
| Total liabilities | NT$147.86b |
| Total assets | NT$389.71b |
Recent financial health updates
Recent updates
Why Wan Hai Lines Ltd. (TWSE:2615) Could Be Worth Watching
Dec 01
Wan Hai Lines (TWSE:2615) Has Some Way To Go To Become A Multi-Bagger
Nov 11Is Wan Hai Lines (TWSE:2615) Using Too Much Debt?
Oct 11Even With A 31% Surge, Cautious Investors Are Not Rewarding Wan Hai Lines Ltd.'s (TWSE:2615) Performance Completely
Sep 26What Does Wan Hai Lines Ltd.'s (TWSE:2615) Share Price Indicate?
Sep 01Analysts Just Made A Sizeable Upgrade To Their Wan Hai Lines Ltd. (TWSE:2615) Forecasts
Jul 14Weak Statutory Earnings May Not Tell The Whole Story For Wan Hai Lines (TWSE:2615)
May 22Wan Hai Lines Ltd. (TWSE:2615) Shares Fly 29% But Investors Aren't Buying For Growth
May 09Insufficient Growth At Wan Hai Lines Ltd. (TWSE:2615) Hampers Share Price
Feb 29Financial Position Analysis
Short Term Liabilities: 2615's short term assets (NT$162.3B) exceed its short term liabilities (NT$47.9B).
Long Term Liabilities: 2615's short term assets (NT$162.3B) exceed its long term liabilities (NT$100.0B).
Debt to Equity History and Analysis
Debt Level: 2615 has more cash than its total debt.
Reducing Debt: 2615's debt to equity ratio has reduced from 74.5% to 30.7% over the past 5 years.
Debt Coverage: 2615's debt is well covered by operating cash flow (64.3%).
Interest Coverage: 2615 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 | 2025/01/08 22:40 |
| End of Day Share Price | 2025/01/08 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
Wan Hai Lines Ltd. is covered by 21 analysts. 3 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 |