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 THB5.9B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are THB17.3B and THB7.9B respectively. Lalin Property's EBIT is THB879.6M making its interest coverage ratio 55.3. It has cash and short-term investments of THB124.9M.
Key information
62.9%
Debt to equity ratio
฿5.87b
Debt
| Interest coverage ratio | 55.3x |
| Cash | ฿124.92m |
| Equity | ฿9.33b |
| Total liabilities | ฿7.94b |
| Total assets | ฿17.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LALIN-R's short term assets (THB13.5B) exceed its short term liabilities (THB4.1B).
Long Term Liabilities: LALIN-R's short term assets (THB13.5B) exceed its long term liabilities (THB3.9B).
Debt to Equity History and Analysis
Debt Level: LALIN-R's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: LALIN-R's debt to equity ratio has increased from 55.4% to 62.9% 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 (55.3x coverage).