Land and Houses Balance Sheet Health
Financial Health criteria checks 3/6
Land and Houses has a total shareholder equity of THB52.2B and total debt of THB61.1B, which brings its debt-to-equity ratio to 117%. Its total assets and total liabilities are THB131.9B and THB79.7B respectively. Land and Houses's EBIT is THB6.6B making its interest coverage ratio 5.2. It has cash and short-term investments of THB4.3B.
Key information
117.0%
Debt to equity ratio
฿61.11b
Debt
| Interest coverage ratio | 5.2x |
| Cash | ฿4.34b |
| Equity | ฿52.23b |
| Total liabilities | ฿79.69b |
| Total assets | ฿131.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LH-R's short term assets (THB63.2B) exceed its short term liabilities (THB29.6B).
Long Term Liabilities: LH-R's short term assets (THB63.2B) exceed its long term liabilities (THB50.1B).
Debt to Equity History and Analysis
Debt Level: LH-R's net debt to equity ratio (108.7%) is considered high.
Reducing Debt: LH-R's debt to equity ratio has increased from 99.8% to 117% over the past 5 years.
Debt Coverage: LH-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LH-R's interest payments on its debt are well covered by EBIT (5.2x coverage).