Luxe Green Energy Technology Balance Sheet Health
Financial Health criteria checks 4/6
Luxe Green Energy Technology has a total shareholder equity of NT$1.8B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are NT$3.1B and NT$1.3B respectively. Luxe Green Energy Technology's EBIT is NT$94.5M making its interest coverage ratio 5.3. It has cash and short-term investments of NT$540.2M.
Key information
55.4%
Debt to equity ratio
NT$1.01b
Debt
| Interest coverage ratio | 5.3x |
| Cash | NT$540.24m |
| Equity | NT$1.83b |
| Total liabilities | NT$1.31b |
| Total assets | NT$3.14b |
Recent financial health updates
Klingon Aerospace (TPE:1529) Seems To Use Debt Quite Sensibly
Mar 15
Does Klingon Aerospace (TPE:1529) Have A Healthy Balance Sheet?
Dec 15
Recent updates
Luxe Green Energy Technology's (TWSE:1529) Promising Earnings May Rest On Soft Foundations
Mar 22Returns On Capital Are Showing Encouraging Signs At Klingon Aerospace (TPE:1529)
Apr 19Klingon Aerospace (TPE:1529) Seems To Use Debt Quite Sensibly
Mar 15Here's How We Evaluate Klingon Aerospace Inc.'s (TPE:1529) Dividend
Feb 25Klingon Aerospace Inc.'s (TPE:1529) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 05What Can The Trends At Klingon Aerospace (TPE:1529) Tell Us About Their Returns?
Jan 19Klingon Aerospace (TPE:1529) Share Prices Have Dropped 62% In The Last Five Years
Jan 01Does Klingon Aerospace (TPE:1529) Have A Healthy Balance Sheet?
Dec 15Should You Or Shouldn't You: A Dividend Analysis on Klingon Aerospace Inc. (TPE:1529)
Nov 27Financial Position Analysis
Short Term Liabilities: 1529's short term assets (NT$947.4M) exceed its short term liabilities (NT$405.3M).
Long Term Liabilities: 1529's short term assets (NT$947.4M) exceed its long term liabilities (NT$904.1M).
Debt to Equity History and Analysis
Debt Level: 1529's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: 1529's debt to equity ratio has increased from 12.6% to 55.4% over the past 5 years.
Debt Coverage: 1529's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 1529's interest payments on its debt are well covered by EBIT (5.3x coverage).