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 3.3. 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 | 3.3x |
| 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 (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:54 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
STARLUX Airlines Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jianhong Wu | Capital Securities Corporation |
| Yili Chen | SinoPac Securities Investment Service |