Lanna Resources Balance Sheet Health
Financial Health criteria checks 6/6
Lanna Resources has a total shareholder equity of THB10.6B and total debt of THB1.2B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are THB14.5B and THB3.9B respectively. Lanna Resources's EBIT is THB4.6B making its interest coverage ratio -145.4. It has cash and short-term investments of THB3.7B.
Key information
11.0%
Debt to equity ratio
฿1.16b
Debt
| Interest coverage ratio | -145.4x |
| Cash | ฿3.72b |
| Equity | ฿10.58b |
| Total liabilities | ฿3.90b |
| Total assets | ฿14.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LANNA's short term assets (THB8.5B) exceed its short term liabilities (THB2.9B).
Long Term Liabilities: LANNA's short term assets (THB8.5B) exceed its long term liabilities (THB959.8M).
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 28.1% to 11% over the past 5 years.
Debt Coverage: LANNA's debt is well covered by operating cash flow (374.6%).
Interest Coverage: LANNA earns more interest than it pays, so coverage of interest payments is not a concern.