Eva Airways (TPE:2618) Debt-to-Equity: 0.53 (As of Jun. 2026) — 59% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2618 Eva Airways Corp TPE:2618
82 GF Score
Price NT$42.50
GF Value NT$42.00
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Eva Airways Debt-to-Equity?

Eva Airways TPE:2618 -0.70% 82 Debt-to-Equity is 0.53 as of Jun. 2026, which is 59% below its 10-year median of 1.29. GuruFocus rates TPE:2618 with a GF Score™ of 82/100 and a GF Value™ of NT$42.00 (Fairly Valued). The stock has 6 warning signs investors should review. Among 917 Transportation companies, Eva Airways ranks better than 50.82% on this metric.

Eva Airways's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$11,064 Mil. Eva Airways's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$62,946 Mil. Eva Airways's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$139,339 Mil. Eva Airways's debt to equity for the quarter that ended in Jun. 2026 was 0.53.

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 Eva Airways's Debt-to-Equity or its related term are showing as below:

TPE:2618' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 1.29   Max: 1.78
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Eva Airways was 1.78. The lowest was 0.45. And the median was 1.29.

TPE:2618's Debt-to-Equity is ranked better than
50.82% of 917 companies
in the Transportation industry
Industry Median: 0.54 vs TPE:2618: 0.53

Eva Airways  (TPE:2618) 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.


Eva Airways Debt-to-Equity Related Terms


Eva Airways Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Eva Airways'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.

Eva Airways Debt-to-Equity Chart

Eva Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.92 0.50 0.45 0.55

Eva Airways Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 0.54 0.56 0.55 0.55 0.53

TPE:2618 vs DAL, UAL, LUV: Debt-to-Equity Comparison

For the Airlines subindustry, Eva Airways'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.


Eva Airways Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Eva Airways's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Eva Airways's Debt-to-Equity falls into.


TPE:2618
82GF Score
Eva Airways Corp TPE:2618
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eva Airways Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eva Airways's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Eva Airways's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.53 mean?
Eva Airways (TPE:2618) has a Debt-to-Equity of 0.53 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eva Airways and its competitors. This is 59% below median its historical median of 1.29. Over the past decade, Eva Airways' Debt-to-Equity has ranged from 0.45 to 1.78. According to the industry distribution chart, Eva Airways ranks #451 out of 917 companies in the Transportation industry, placing it in the top 49.2%.
Is Eva Airways' Debt-to-Equity too high?
Eva Airways' current Debt-to-Equity of 0.53 is 59% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.78. The Transportation industry median Debt-to-Equity is 0.54. Eva Airways' value of 0.53 is 1.9% below this industry median. Based on the distribution chart, Eva Airways ranks #451 out of 917 companies in the Transportation industry, which is above the industry midpoint. Overall, Eva Airways has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eva Airways' Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Eva Airways ranks #451 out of 917 companies for Debt-to-Equity. This puts Eva Airways in the upper half of its industry. The industry median Debt-to-Equity is 0.54. Eva Airways' value of 0.53 is 1.9% below this benchmark. Historically, Eva Airways' own Debt-to-Equity has ranged from 0.45 to 1.78 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 0.54, Eva Airways has consistently been below 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 Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eva Airways's current Debt-to-Equity of 0.53 is 1.9% below 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eva Airways and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eva Airways's current Debt-to-Equity is 0.53, which is 59% below median its own 10-year median of 1.29. 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$42.00, compared to a current price of NT$42.50 — trading 1.2% above its estimated fair value. The current Debt-to-Equity is 0.53, which is 59% below median its 10-year median of 1.29 and 1.9% below the Transportation industry median of 0.54. Eva Airways' overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Eva Airways (TPE:2618), the current Debt-to-Equity is 0.53 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$42.50 is trading 1.2% above its estimated GF Value™ of NT$42.00. GuruFocus considers Eva Airways to be Fairly Valued.

Key valuation signals for TPE:2618:

  • Debt-to-Equity: 0.53 (59% below median its 10-year median of 1.29)
  • GF Value™: NT$42.00 vs. price of NT$42.50 (1.2% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 1.9% below the Transportation median (#451 of 917)

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.
82GF Score

Get the complete analysis for TPE:2618

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

NT$42.50
Price
NT$42.00
GF Value