Lalin Property Balance Sheet Health
Financial Health criteria checks 3/6
Lalin Property has a total shareholder equity of THB9.3B and total debt of THB6.3B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are THB17.6B and THB8.3B respectively. Lalin Property's EBIT is THB795.1M making its interest coverage ratio 36.5. It has cash and short-term investments of THB118.1M.
Key information
68.0%
Debt to equity ratio
฿6.30b
Debt
| Interest coverage ratio | 36.5x |
| Cash | ฿118.06m |
| Equity | ฿9.27b |
| Total liabilities | ฿8.29b |
| Total assets | ฿17.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LALIN-R's short term assets (THB14.2B) exceed its short term liabilities (THB4.9B).
Long Term Liabilities: LALIN-R's short term assets (THB14.2B) exceed its long term liabilities (THB3.4B).
Debt to Equity History and Analysis
Debt Level: LALIN-R's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: LALIN-R's debt to equity ratio has increased from 58.3% to 68% over the past 5 years.
Debt Coverage: LALIN-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LALIN-R's interest payments on its debt are well covered by EBIT (36.5x coverage).