L.P.N. Development Public Company Limited

SET:LPN Stock Report

Market Cap: ฿4.2b

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 ratio8x
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).


Balance Sheet


Discover healthy companies