STARLUX Airlines Balance Sheet Health
Financial Health criteria checks 1/6
STARLUX Airlines has a total shareholder equity of NT$18.8B and total debt of NT$26.3B, which brings its debt-to-equity ratio to 140.2%. Its total assets and total liabilities are NT$91.3B and NT$72.6B respectively. STARLUX Airlines's EBIT is NT$1.7B making its interest coverage ratio 2.3. It has cash and short-term investments of NT$8.0B.
Key information
140.2%
Debt to equity ratio
NT$26.32b
Debt
| Interest coverage ratio | 2.3x |
| Cash | NT$7.97b |
| Equity | NT$18.78b |
| Total liabilities | NT$72.57b |
| Total assets | NT$91.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2646's short term assets (NT$12.4B) do not cover its short term liabilities (NT$17.5B).
Long Term Liabilities: 2646's short term assets (NT$12.4B) do not cover its long term liabilities (NT$55.0B).
Debt to Equity History and Analysis
Debt Level: 2646's net debt to equity ratio (97.7%) 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 (34.2%).
Interest Coverage: 2646's interest payments on its debt are not well covered by EBIT (2.3x coverage).