Lease IT Balance Sheet Health
Financial Health criteria checks 3/6
Lease IT has a total shareholder equity of THB539.5M and total debt of THB350.4M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are THB963.3M and THB423.8M respectively.
Key information
64.9%
Debt to equity ratio
฿350.38m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿86.17m |
| Equity | ฿539.53m |
| Total liabilities | ฿423.79m |
| Total assets | ฿963.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIT's short term assets (THB766.7M) exceed its short term liabilities (THB106.1M).
Long Term Liabilities: LIT's short term assets (THB766.7M) exceed its long term liabilities (THB317.7M).
Debt to Equity History and Analysis
Debt Level: LIT's net debt to equity ratio (49%) is considered high.
Reducing Debt: LIT's debt to equity ratio has reduced from 120.5% to 64.9% over the past 5 years.
Debt Coverage: LIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LIT's interest payments on its debt are well covered by EBIT.