Lam Soon (Thailand) Balance Sheet Health
Financial Health criteria checks 6/6
Lam Soon (Thailand) has a total shareholder equity of THB5.5B and total debt of THB550.0M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are THB7.4B and THB1.9B respectively. Lam Soon (Thailand)'s EBIT is THB625.6M making its interest coverage ratio 36.6. It has cash and short-term investments of THB479.3M.
Key information
10.0%
Debt to equity ratio
฿550.00m
Debt
Interest coverage ratio | 36.6x |
Cash | ฿479.28m |
Equity | ฿5.52b |
Total liabilities | ฿1.89b |
Total assets | ฿7.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LST's short term assets (THB4.2B) exceed its short term liabilities (THB1.6B).
Long Term Liabilities: LST's short term assets (THB4.2B) exceed its long term liabilities (THB288.8M).
Debt to Equity History and Analysis
Debt Level: LST's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: LST's debt to equity ratio has reduced from 14.4% to 10% over the past 5 years.
Debt Coverage: LST's debt is well covered by operating cash flow (141.6%).
Interest Coverage: LST's interest payments on its debt are well covered by EBIT (36.6x coverage).