Luxe Green Energy Technology Balance Sheet Health
Financial Health criteria checks 3/6
Luxe Green Energy Technology has a total shareholder equity of NT$1.8B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are NT$3.3B and NT$1.4B respectively. Luxe Green Energy Technology's EBIT is NT$82.5M making its interest coverage ratio 4.2. It has cash and short-term investments of NT$433.1M.
Key information
59.4%
Debt to equity ratio
NT$1.08b
Debt
Interest coverage ratio | 4.2x |
Cash | NT$433.12m |
Equity | NT$1.81b |
Total liabilities | NT$1.44b |
Total assets | NT$3.25b |
Recent financial health updates
Klingon Aerospace (TPE:1529) Seems To Use Debt Quite Sensibly
Mar 15Does Klingon Aerospace (TPE:1529) Have A Healthy Balance Sheet?
Dec 15Recent updates
Luxe Green Energy Technology's (TWSE:1529) Dividend Will Be Increased To NT$0.30
Jul 17Unpleasant Surprises Could Be In Store For Luxe Green Energy Technology Co., Ltd.'s (TWSE:1529) Shares
Jul 12Luxe Green Energy Technology's (TWSE:1529) Dividend Will Be Increased To NT$0.30
Jun 17Luxe Green Energy Technology (TWSE:1529) Is Paying Out A Larger Dividend Than Last Year
Jun 03Luxe 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$929.3M) exceed its short term liabilities (NT$513.0M).
Long Term Liabilities: 1529's short term assets (NT$929.3M) do not cover its long term liabilities (NT$929.8M).
Debt to Equity History and Analysis
Debt Level: 1529's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 1529's debt to equity ratio has increased from 14.8% to 59.4% over the past 5 years.
Debt Coverage: 1529's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 1529's interest payments on its debt are well covered by EBIT (4.2x coverage).