Leo Global Logistics Balance Sheet Health
Financial Health criteria checks 3/6
Leo Global Logistics has a total shareholder equity of THB902.1M and total debt of THB509.2M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are THB1.9B and THB958.1M respectively. Leo Global Logistics's EBIT is THB94.2M making its interest coverage ratio 4.4. It has cash and short-term investments of THB145.0M.
Key information
56.4%
Debt to equity ratio
฿509.23m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ฿145.02m |
| Equity | ฿902.10m |
| Total liabilities | ฿958.12m |
| Total assets | ฿1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEO's short term assets (THB799.3M) exceed its short term liabilities (THB591.4M).
Long Term Liabilities: LEO's short term assets (THB799.3M) exceed its long term liabilities (THB366.7M).
Debt to Equity History and Analysis
Debt Level: LEO's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: LEO's debt to equity ratio has increased from 3.3% to 56.4% over the past 5 years.
Debt Coverage: LEO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LEO's interest payments on its debt are well covered by EBIT (4.4x coverage).