Wisdom Marine Lines Limited (Cayman) Balance Sheet Health
Financial Health criteria checks 1/6
Wisdom Marine Lines Limited (Cayman) has a total shareholder equity of $1.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are $2.9B and $1.4B respectively. Wisdom Marine Lines Limited (Cayman)'s EBIT is $111.6M making its interest coverage ratio 1.8. It has cash and short-term investments of $125.4M.
Key information
79.3%
Debt to equity ratio
US$1.16b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$125.39m |
| Equity | US$1.47b |
| Total liabilities | US$1.39b |
| Total assets | US$2.86b |
Recent financial health updates
Is Wisdom Marine Lines Limited (Cayman) (TWSE:2637) A Risky Investment?
Apr 03
Wisdom Marine Lines (TPE:2637) Has No Shortage Of Debt
Feb 21Recent updates
Is 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 ($212.9M) do not cover its short term liabilities ($359.6M).
Long Term Liabilities: 2637's short term assets ($212.9M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 2637's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: 2637's debt to equity ratio has reduced from 197.3% to 79.3% over the past 5 years.
Debt Coverage: 2637's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 2637's interest payments on its debt are not well covered by EBIT (1.8x coverage).