LHN Balance Sheet Health
Financial Health criteria checks 2/6
LHN has a total shareholder equity of SGD218.0M and total debt of SGD172.4M, which brings its debt-to-equity ratio to 79.1%. Its total assets and total liabilities are SGD554.1M and SGD336.0M respectively. LHN's EBIT is SGD19.1M making its interest coverage ratio 2.7. It has cash and short-term investments of SGD41.6M.
Key information
79.1%
Debt to equity ratio
S$172.41m
Debt
| Interest coverage ratio | 2.7x |
| Cash | S$41.56m |
| Equity | S$218.05m |
| Total liabilities | S$336.02m |
| Total assets | S$554.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 41O's short term assets (SGD137.8M) exceed its short term liabilities (SGD96.9M).
Long Term Liabilities: 41O's short term assets (SGD137.8M) do not cover its long term liabilities (SGD239.1M).
Debt to Equity History and Analysis
Debt Level: 41O's net debt to equity ratio (60%) is considered high.
Reducing Debt: 41O's debt to equity ratio has increased from 24.1% to 79.1% over the past 5 years.
Debt Coverage: 41O's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 41O's interest payments on its debt are not well covered by EBIT (2.7x coverage).