Eva Airways (TPE:2618) Cash Ratio: 0.94 (As of Jun. 2026) — 15% Above Median

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TPE:2618 Eva Airways Corp TPE:2618
83 GF Score
Price NT$42.35
GF Value NT$42.06
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Eva Airways Cash Ratio?

Eva Airways TPE:2618 +1.32% 83 Cash Ratio is 0.94 as of Jun. 2026, which is 15% above its 10-year median of 0.82. GuruFocus rates TPE:2618 with a GF Score™ of 83/100 and a GF Value™ of NT$42.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 999 Transportation companies, Eva Airways ranks better than 70.77% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Eva Airways's Cash Ratio for the quarter that ended in Jun. 2026 was 0.94.

Eva Airways has a Cash Ratio of 0.94. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Eva Airways's Cash Ratio or its related term are showing as below:

TPE:2618' s Cash Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.82   Max: 1.08
Current: 0.94

During the past 13 years, Eva Airways's highest Cash Ratio was 1.08. The lowest was 0.61. And the median was 0.82.

TPE:2618's Cash Ratio is ranked better than
70.77% of 999 companies
in the Transportation industry
Industry Median: 0.49 vs TPE:2618: 0.94

Eva Airways  (TPE:2618) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Eva Airways Cash Ratio Related Terms


Eva Airways Cash Ratio Historical Data

* Premium members only.

The historical data trend for Eva Airways's Cash Ratio 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.

Eva Airways Cash Ratio Chart

Eva Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.89 0.80 0.91 1.02

Eva Airways Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.91 1.02 0.92 0.94

TPE:2618 vs DAL, UAL, LUV: Cash Ratio Comparison

For the Airlines subindustry, Eva Airways's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Eva Airways Cash Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Eva Airways's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Eva Airways's Cash Ratio falls into.


TPE:2618
83GF Score
Eva Airways Corp TPE:2618
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eva Airways Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Eva Airways's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=86225.873/84880.608
=1.02

Eva Airways's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=101553.538/108527.192
=0.94

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.94 mean?
Eva Airways (TPE:2618) has a Cash Ratio of 0.94 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Eva Airways and its competitors. This is 15% above median its historical median of 0.82. Over the past decade, Eva Airways' Cash Ratio has ranged from 0.61 to 1.08. According to the industry distribution chart, Eva Airways ranks #292 out of 999 companies in the Transportation industry, placing it in the top 29.2%.
Is Eva Airways' Cash Ratio too high?
Eva Airways' current Cash Ratio of 0.94 is 15% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.08. The Transportation industry median Cash Ratio is 0.49. Eva Airways' value of 0.94 is 91.8% above this industry median. Based on the distribution chart, Eva Airways ranks #292 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Eva Airways has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eva Airways' Cash Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Eva Airways ranks #292 out of 999 companies for Cash Ratio. This puts Eva Airways in the upper half of its industry. The industry median Cash Ratio is 0.49. Eva Airways' value of 0.94 is 91.8% above this benchmark. Historically, Eva Airways' own Cash Ratio has ranged from 0.61 to 1.08 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.49, Eva Airways has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Transportation company?
The median Cash Ratio among Transportation companies is 0.49, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eva Airways's current Cash Ratio of 0.94 is 91.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Eva Airways and its competitors. For the Transportation industry, the median Cash Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eva Airways's current Cash Ratio is 0.94, which is 15% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eva Airways stock overvalued right now?
Based on GuruFocus' analysis, Eva Airways (TPE:2618) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.06, compared to a current price of NT$42.35 — trading 0.7% above its estimated fair value. The current Cash Ratio is 0.94, which is 15% above median its 10-year median of 0.82 and 91.8% above the Transportation industry median of 0.49. Eva Airways' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Eva Airways (TPE:2618), the current Cash Ratio is 0.94 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eva Airways (TPE:2618) Overvalued in 2026?

Based on GuruFocus' analysis, Eva Airways stock appears to be overvalued. The current stock price of NT$42.35 is trading 0.7% above its estimated GF Value™ of NT$42.06. GuruFocus considers Eva Airways to be Fairly Valued.

Key valuation signals for TPE:2618:

  • Cash Ratio: 0.94 (15% above median its 10-year median of 0.82)
  • GF Value™: NT$42.06 vs. price of NT$42.35 (0.7% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 91.8% above the Transportation median (#292 of 999)

No single metric tells the full story. See the TPE:2618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eva Airways Business Description

Address No. 376, Hsin-Nan Road, Sector 1, Luchu District, Taoyuan, TWN
Eva Airways Corp is an aviation transportation business. Its business activities are civil aviation transportation and general aviation business; Wholesale and retail sale of medical devices; carrying out any business which is not forbidden or restricted by the applicable laws and regulations, excluding those requiring licensing. Its geographic markets are Taiwan, Asia, Europe, North America, and others. It derives maximum revenue from Taiwan. The Group has two reportable segments: Aviation transportation segment, which derives maximum revenue, is involved in aviation transportation of passengers and cargo; and the aircraft maintenance and manufacture segment is involved in maintenance, manufacture, processing and sale of aircraft, parts and engine.
83GF Score

Get the complete analysis for TPE:2618

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$42.35
Price
NT$42.06
GF Value