Laguna Resorts & Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Laguna Resorts & Hotels has a total shareholder equity of THB15.6B and total debt of THB5.1B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are THB31.3B and THB15.6B respectively. Laguna Resorts & Hotels's EBIT is THB763.0M making its interest coverage ratio 4.4. It has cash and short-term investments of THB928.0M.
Key information
32.6%
Debt to equity ratio
฿5.11b
Debt
| Interest coverage ratio | 4.4x |
| Cash | ฿928.00m |
| Equity | ฿15.65b |
| Total liabilities | ฿15.60b |
| Total assets | ฿31.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRH-R's short term assets (THB7.9B) exceed its short term liabilities (THB6.8B).
Long Term Liabilities: LRH-R's short term assets (THB7.9B) do not cover its long term liabilities (THB8.8B).
Debt to Equity History and Analysis
Debt Level: LRH-R's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: LRH-R's debt to equity ratio has reduced from 35.8% to 32.6% over the past 5 years.
Debt Coverage: LRH-R's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: LRH-R's interest payments on its debt are well covered by EBIT (4.4x coverage).