Lanna Resources Balance Sheet Health
Financial Health criteria checks 6/6
Lanna Resources has a total shareholder equity of THB10.7B and total debt of THB1.7B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are THB14.8B and THB4.2B respectively. Lanna Resources's EBIT is THB5.2B making its interest coverage ratio 410.3. It has cash and short-term investments of THB3.3B.
Key information
16.4%
Debt to equity ratio
฿1.75b
Debt
Interest coverage ratio | 410.3x |
Cash | ฿3.30b |
Equity | ฿10.67b |
Total liabilities | ฿4.16b |
Total assets | ฿14.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LANNA's short term assets (THB8.6B) exceed its short term liabilities (THB3.0B).
Long Term Liabilities: LANNA's short term assets (THB8.6B) exceed its long term liabilities (THB1.2B).
Debt to Equity History and Analysis
Debt Level: LANNA has more cash than its total debt.
Reducing Debt: LANNA's debt to equity ratio has reduced from 33.8% to 16.4% over the past 5 years.
Debt Coverage: LANNA's debt is well covered by operating cash flow (214.6%).
Interest Coverage: LANNA's interest payments on its debt are well covered by EBIT (410.3x coverage).