LH Hotel Leasehold Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
LH Hotel Leasehold Real Estate Investment Trust has a total shareholder equity of THB12.2B and total debt of THB10.2B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are THB22.6B and THB10.3B respectively. LH Hotel Leasehold Real Estate Investment Trust's EBIT is THB1.2B making its interest coverage ratio 4.4. It has cash and short-term investments of THB177.8M.
Key information
83.0%
Debt to equity ratio
฿10.17b
Debt
Interest coverage ratio | 4.4x |
Cash | ฿177.82m |
Equity | ฿12.25b |
Total liabilities | ฿10.32b |
Total assets | ฿22.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHHOTEL's short term assets (THB620.1M) exceed its short term liabilities (THB245.6M).
Long Term Liabilities: LHHOTEL's short term assets (THB620.1M) do not cover its long term liabilities (THB10.1B).
Debt to Equity History and Analysis
Debt Level: LHHOTEL's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: LHHOTEL's debt to equity ratio has increased from 23.8% to 83% over the past 5 years.
Debt Coverage: LHHOTEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LHHOTEL's interest payments on its debt are well covered by EBIT (4.4x coverage).