STARLUX Airlines Balance Sheet Health
Financial Health criteria checks 1/6
STARLUX Airlines has a total shareholder equity of NT$11.1B and total debt of NT$24.1B, which brings its debt-to-equity ratio to 218.1%. Its total assets and total liabilities are NT$79.1B and NT$68.0B respectively. STARLUX Airlines's EBIT is NT$479.5M making its interest coverage ratio 0.7. It has cash and short-term investments of NT$5.6B.
Key information
218.1%
Debt to equity ratio
NT$24.14b
Debt
Interest coverage ratio | 0.7x |
Cash | NT$5.64b |
Equity | NT$11.07b |
Total liabilities | NT$68.01b |
Total assets | NT$79.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2646's short term assets (NT$9.5B) do not cover its short term liabilities (NT$17.5B).
Long Term Liabilities: 2646's short term assets (NT$9.5B) do not cover its long term liabilities (NT$50.5B).
Debt to Equity History and Analysis
Debt Level: 2646's net debt to equity ratio (167.1%) is considered high.
Reducing Debt: Insufficient data to determine if 2646's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2646's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 2646's interest payments on its debt are not well covered by EBIT (0.7x coverage).