Wisdom Marine Lines Limited (Cayman) Balance Sheet Health
Financial Health criteria checks 2/6
Wisdom Marine Lines Limited (Cayman) has a total shareholder equity of $1.5B and total debt of $1.0B, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are $2.9B and $1.3B respectively. Wisdom Marine Lines Limited (Cayman)'s EBIT is $171.7M making its interest coverage ratio 2.8. It has cash and short-term investments of $137.5M.
Key information
68.5%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$137.52m |
| Equity | US$1.52b |
| Total liabilities | US$1.35b |
| Total assets | US$2.87b |
Recent financial health updates
Does Wisdom Marine Lines Limited (Cayman) (TWSE:2637) Have A Healthy Balance Sheet?
Aug 14
Is Wisdom Marine Lines Limited (Cayman) (TWSE:2637) A Risky Investment?
Apr 03Wisdom Marine Lines (TPE:2637) Has No Shortage Of Debt
Feb 21Recent updates
Wisdom Marine Lines Limited (Cayman) (TWSE:2637) Is Doing The Right Things To Multiply Its Share Price
Oct 07Is It Time To Consider Buying Wisdom Marine Lines Co., Limited (Cayman) (TWSE:2637)?
Sep 22Wisdom Marine Lines Limited (Cayman)'s (TWSE:2637) Profits May Not Reveal Underlying Issues
Aug 31Does Wisdom Marine Lines Limited (Cayman) (TWSE:2637) Have A Healthy Balance Sheet?
Aug 14A Look At The Intrinsic Value Of Wisdom Marine Lines Co., Limited (Cayman) (TWSE:2637)
Jul 03Wisdom Marine Lines Co., Limited (Cayman) (TWSE:2637) Surges 25% Yet Its Low P/E Is No Reason For Excitement
May 07Is Wisdom Marine Lines Limited (Cayman) (TWSE:2637) A Risky Investment?
Apr 03Wisdom Marine Lines Limited (Cayman) (TWSE:2637) Has Some Way To Go To Become A Multi-Bagger
Mar 19Wisdom Marine Lines (TPE:2637) Will Be Hoping To Turn Its Returns On Capital Around
Mar 28Wisdom Marine Lines (TPE:2637) Has No Shortage Of Debt
Feb 21Zooming in on TPE:2637's 5.8% Dividend Yield
Jan 31
Share Price Aside, Wisdom Marine Lines (TPE:2637) Has Delivered Shareholders A 4.5% Return.
Jan 13How Well Is Wisdom Marine Lines (TPE:2637) Allocating Its Capital?
Dec 22We're Not Counting On Wisdom Marine Lines (TPE:2637) To Sustain Its Statutory Profitability
Dec 03Financial Position Analysis
Short Term Liabilities: 2637's short term assets ($226.9M) do not cover its short term liabilities ($326.9M).
Long Term Liabilities: 2637's short term assets ($226.9M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 2637's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 2637's debt to equity ratio has reduced from 195.5% to 68.5% over the past 5 years.
Debt Coverage: 2637's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 2637's interest payments on its debt are not well covered by EBIT (2.8x coverage).