Laguna Resorts & Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Laguna Resorts & Hotels has a total shareholder equity of THB15.2B and total debt of THB5.2B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are THB30.1B and THB14.8B respectively. Laguna Resorts & Hotels's EBIT is THB617.8M making its interest coverage ratio 3.8. It has cash and short-term investments of THB1.5B.
Key information
34.4%
Debt to equity ratio
฿5.24b
Debt
Interest coverage ratio | 3.8x |
Cash | ฿1.47b |
Equity | ฿15.23b |
Total liabilities | ฿14.82b |
Total assets | ฿30.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRH's short term assets (THB6.9B) exceed its short term liabilities (THB5.7B).
Long Term Liabilities: LRH's short term assets (THB6.9B) do not cover its long term liabilities (THB9.1B).
Debt to Equity History and Analysis
Debt Level: LRH's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: LRH's debt to equity ratio has increased from 27.1% to 34.4% over the past 5 years.
Debt Coverage: LRH's debt is well covered by operating cash flow (28.7%).
Interest Coverage: LRH's interest payments on its debt are well covered by EBIT (3.8x coverage).