Evergreen International Storage & Transport (TPE:2607) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Evergreen International Storage & Transport Debt-to-Equity?

Evergreen International Storage & Transport's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$407 Mil. Evergreen International Storage & Transport's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4,214 Mil. Evergreen International Storage & Transport's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$33,161 Mil. Evergreen International Storage & Transport's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Evergreen International Storage & Transport's Debt-to-Equity or its related term are showing as below:

TPE:2607' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.3 Max: 0.4
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Evergreen International Storage & Transport was 0.40. The lowest was 0.03. And the median was 0.30.

TPE:2607's Debt-to-Equity is ranked better than
83.81% of 883 companies
in the Transportation industry
Industry Median: 0.57 vs TPE:2607: 0.14

Evergreen International Storage & Transport Debt-to-Equity Historical Data

The historical data trend for Evergreen International Storage & Transport's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Evergreen International Storage & Transport Debt-to-Equity Chart

Evergreen International Storage & Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.31

0.23

0.15

Evergreen International Storage & Transport Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.17	0.16	0.15	0.14

Competitive Comparison of Evergreen International Storage & Transport's Debt-to-Equity

For the Marine Shipping subindustry, Evergreen International Storage & Transport's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Evergreen International Storage & Transport's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Evergreen International Storage & Transport's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Evergreen International Storage & Transport's Debt-to-Equity falls into.

Evergreen International Storage & Transport Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evergreen International Storage & Transport's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(582.292	+	4277.671)	/	31569.006
	=	0.15

Evergreen International Storage & Transport's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(407.408	+	4213.833)	/	33160.584
	=	0.14

Evergreen International Storage & Transport (TPE:2607) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Evergreen International Storage & Transport Debt-to-Equity Related Terms

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Evergreen International Storage & Transport (TPE:2607) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen International Storage & Transport Corp (TPE:2607) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

899, Ching Kuo Road, Taoyuan District, Taoyuan, TWN

Website

https://www.evergreen-eitc.com.tw

Evergreen International Storage & Transport Corp is a transportation and logistics company domiciled in Taiwan. The company organizes itself into five product lines: inland transportation, international marine transportation, container terminals, gasoline stations, and others. Inland transportation, which is the largest segment by revenue, transports cargo inland and provides passenger transportation services. International marine transportation, the second-largest segment, transports cargo internationally and provides ship chartering. The container terminals segment leases and operate container ports. The gasoline station segment operates refueling stations. The company generates the majority of its revenue in Taiwan.

Evergreen International Storage & Transport (TPE:2607) Headlines

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