Land and Houses Balance Sheet Health
Financial Health criteria checks 2/6
Land and Houses has a total shareholder equity of THB51.6B and total debt of THB73.3B, which brings its debt-to-equity ratio to 141.9%. Its total assets and total liabilities are THB143.6B and THB92.0B respectively. Land and Houses's EBIT is THB6.2B making its interest coverage ratio 2.2. It has cash and short-term investments of THB4.3B.
Key information
141.9%
Debt to equity ratio
฿73.27b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿4.30b |
| Equity | ฿51.64b |
| Total liabilities | ฿91.98b |
| Total assets | ฿143.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LH's short term assets (THB72.0B) exceed its short term liabilities (THB39.3B).
Long Term Liabilities: LH's short term assets (THB72.0B) exceed its long term liabilities (THB52.7B).
Debt to Equity History and Analysis
Debt Level: LH's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: LH's debt to equity ratio has increased from 117.3% to 141.9% over the past 5 years.
Debt Coverage: LH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LH's interest payments on its debt are not well covered by EBIT (2.2x coverage).