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 THB12.7B, which brings its debt-to-equity ratio to 106.5%. Its total assets and total liabilities are THB26.6B and THB14.6B respectively. L.P.N. Development's EBIT is THB515.2M making its interest coverage ratio 15. It has cash and short-term investments of THB569.3M.
Key information
106.5%
Debt to equity ratio
฿12.74b
Debt
| Interest coverage ratio | 15x |
| Cash | ฿569.30m |
| Equity | ฿11.96b |
| Total liabilities | ฿14.61b |
| Total assets | ฿26.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPN's short term assets (THB21.1B) exceed its short term liabilities (THB11.4B).
Long Term Liabilities: LPN's short term assets (THB21.1B) exceed its long term liabilities (THB3.2B).
Debt to Equity History and Analysis
Debt Level: LPN's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: LPN's debt to equity ratio has increased from 40.4% to 106.5% over the past 5 years.
Debt Coverage: LPN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LPN's interest payments on its debt are well covered by EBIT (15x coverage).