L.P.N. Development Balance Sheet Health
Financial Health criteria checks 3/6
L.P.N. Development has a total shareholder equity of THB12.1B and total debt of THB11.7B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are THB25.9B and THB13.8B respectively. L.P.N. Development's EBIT is THB502.7M making its interest coverage ratio 11. It has cash and short-term investments of THB411.4M.
Key information
97.0%
Debt to equity ratio
฿11.71b
Debt
| Interest coverage ratio | 11x |
| Cash | ฿411.37m |
| Equity | ฿12.07b |
| Total liabilities | ฿13.83b |
| Total assets | ฿25.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPN-F's short term assets (THB20.4B) exceed its short term liabilities (THB9.4B).
Long Term Liabilities: LPN-F's short term assets (THB20.4B) exceed its long term liabilities (THB4.5B).
Debt to Equity History and Analysis
Debt Level: LPN-F's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: LPN-F's debt to equity ratio has increased from 50.6% to 97% over the past 5 years.
Debt Coverage: LPN-F's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: LPN-F's interest payments on its debt are well covered by EBIT (11x coverage).