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 THB1.4B, which brings its debt-to-equity ratio to 123.9%. Its total assets and total liabilities are THB3.3B and THB2.2B respectively. Lighting and Equipment's EBIT is THB37.7M making its interest coverage ratio 0.7. It has cash and short-term investments of THB53.9M.
Key information
123.9%
Debt to equity ratio
฿1.38b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ฿53.92m |
| Equity | ฿1.11b |
| Total liabilities | ฿2.20b |
| Total assets | ฿3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L&E's short term assets (THB2.2B) exceed its short term liabilities (THB2.0B).
Long Term Liabilities: L&E's short term assets (THB2.2B) exceed its long term liabilities (THB217.3M).
Debt to Equity History and Analysis
Debt Level: L&E's net debt to equity ratio (119%) is considered high.
Reducing Debt: L&E's debt to equity ratio has increased from 107.2% to 123.9% over the past 5 years.
Debt Coverage: L&E's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: L&E's interest payments on its debt are not well covered by EBIT (0.7x coverage).