Lam Soon (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Lam Soon (Thailand) has a total shareholder equity of THB5.4B and total debt of THB805.0M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are THB7.6B and THB2.2B respectively. Lam Soon (Thailand)'s EBIT is THB615.9M making its interest coverage ratio 38.7. It has cash and short-term investments of THB483.3M.
Key information
15.0%
Debt to equity ratio
฿805.00m
Debt
| Interest coverage ratio | 38.7x |
| Cash | ฿483.33m |
| Equity | ฿5.37b |
| Total liabilities | ฿2.20b |
| Total assets | ฿7.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LST-R's short term assets (THB4.2B) exceed its short term liabilities (THB1.8B).
Long Term Liabilities: LST-R's short term assets (THB4.2B) exceed its long term liabilities (THB367.7M).
Debt to Equity History and Analysis
Debt Level: LST-R's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: LST-R's debt to equity ratio has reduced from 15.9% to 15% over the past 5 years.
Debt Coverage: LST-R's debt is well covered by operating cash flow (74.5%).
Interest Coverage: LST-R's interest payments on its debt are well covered by EBIT (38.7x coverage).