Lighting and Equipment Balance Sheet Health
Financial Health criteria checks 2/6
Lighting and Equipment has a total shareholder equity of THB1.1B and total debt of THB1.3B, which brings its debt-to-equity ratio to 122%. Its total assets and total liabilities are THB3.0B and THB1.9B respectively. Lighting and Equipment's EBIT is THB66.9M making its interest coverage ratio 1. It has cash and short-term investments of THB60.8M.
Key information
122.0%
Debt to equity ratio
฿1.32b
Debt
| Interest coverage ratio | 1x |
| Cash | ฿60.79m |
| Equity | ฿1.08b |
| Total liabilities | ฿1.92b |
| Total assets | ฿3.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L&E's short term assets (THB2.0B) exceed its short term liabilities (THB1.7B).
Long Term Liabilities: L&E's short term assets (THB2.0B) exceed its long term liabilities (THB207.6M).
Debt to Equity History and Analysis
Debt Level: L&E's net debt to equity ratio (116.4%) is considered high.
Reducing Debt: L&E's debt to equity ratio has increased from 105.2% to 122% over the past 5 years.
Debt Coverage: L&E's debt is not well covered by operating cash flow (18%).
Interest Coverage: L&E's interest payments on its debt are not well covered by EBIT (1x coverage).