Lohakit Metal Balance Sheet Health
Financial Health criteria checks 6/6
Lohakit Metal has a total shareholder equity of THB1.5B and total debt of THB73.6M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are THB2.0B and THB493.2M respectively. Lohakit Metal's EBIT is THB158.5M making its interest coverage ratio 45.2. It has cash and short-term investments of THB327.3M.
Key information
5.0%
Debt to equity ratio
฿73.58m
Debt
Interest coverage ratio | 45.2x |
Cash | ฿327.27m |
Equity | ฿1.47b |
Total liabilities | ฿493.22m |
Total assets | ฿1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHK's short term assets (THB1.4B) exceed its short term liabilities (THB461.7M).
Long Term Liabilities: LHK's short term assets (THB1.4B) exceed its long term liabilities (THB31.6M).
Debt to Equity History and Analysis
Debt Level: LHK has more cash than its total debt.
Reducing Debt: LHK's debt to equity ratio has reduced from 8.7% to 5% over the past 5 years.
Debt Coverage: LHK's debt is well covered by operating cash flow (500.9%).
Interest Coverage: LHK's interest payments on its debt are well covered by EBIT (45.2x coverage).