L.P.N. Development Balance Sheet Health
Financial Health criteria checks 3/6
L.P.N. Development has a total shareholder equity of THB12.0B and total debt of THB11.1B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are THB25.1B and THB13.1B respectively. L.P.N. Development's EBIT is THB469.3M making its interest coverage ratio 8. It has cash and short-term investments of THB420.0M.
Key information
92.0%
Debt to equity ratio
฿11.08b
Debt
| Interest coverage ratio | 8x |
| Cash | ฿420.04m |
| Equity | ฿12.04b |
| Total liabilities | ฿13.06b |
| Total assets | ฿25.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPN's short term assets (THB19.2B) exceed its short term liabilities (THB8.5B).
Long Term Liabilities: LPN's short term assets (THB19.2B) exceed its long term liabilities (THB4.6B).
Debt to Equity History and Analysis
Debt Level: LPN's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: LPN's debt to equity ratio has increased from 68.3% to 92% over the past 5 years.
Debt Coverage: LPN's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: LPN's interest payments on its debt are well covered by EBIT (8x coverage).