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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:44 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lanna Resources Public Company Limited is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nalinrat Kittikumpolrat | Asia Plus Securities Company Limited |
| Naphat Chantaraserekul | DBS Vickers Research |
| Naphat Chantaraserekul | Maybank Research Pte. Ltd. |