STARLUX Airlines Balance Sheet Health
Financial Health criteria checks 2/6
STARLUX Airlines has a total shareholder equity of NT$20.2B and total debt of NT$32.0B, which brings its debt-to-equity ratio to 158.5%. Its total assets and total liabilities are NT$100.5B and NT$80.3B respectively. STARLUX Airlines's EBIT is NT$2.5B making its interest coverage ratio 3. It has cash and short-term investments of NT$9.0B.
Key information
158.5%
Debt to equity ratio
NT$31.98b
Debt
| Interest coverage ratio | 3x |
| Cash | NT$8.95b |
| Equity | NT$20.18b |
| Total liabilities | NT$80.28b |
| Total assets | NT$100.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2646's short term assets (NT$12.6B) do not cover its short term liabilities (NT$18.5B).
Long Term Liabilities: 2646's short term assets (NT$12.6B) do not cover its long term liabilities (NT$61.8B).
Debt to Equity History and Analysis
Debt Level: 2646's net debt to equity ratio (114.1%) 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 (30.9%).
Interest Coverage: 2646's interest payments on its debt are well covered by EBIT (3x coverage).