Lease IT Balance Sheet Health
Financial Health criteria checks 5/6
Lease IT has a total shareholder equity of THB990.8M and total debt of THB351.8M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are THB1.4B and THB433.7M respectively.
Key information
35.5%
Debt to equity ratio
฿351.77m
Debt
Interest coverage ratio | n/a |
Cash | ฿89.47m |
Equity | ฿990.82m |
Total liabilities | ฿433.67m |
Total assets | ฿1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIT's short term assets (THB1.2B) exceed its short term liabilities (THB368.0M).
Long Term Liabilities: LIT's short term assets (THB1.2B) exceed its long term liabilities (THB65.7M).
Debt to Equity History and Analysis
Debt Level: LIT's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: LIT's debt to equity ratio has reduced from 116.3% to 35.5% over the past 5 years.
Debt Coverage: LIT's debt is well covered by operating cash flow (54.7%).
Interest Coverage: Insufficient data to determine if LIT's interest payments on its debt are well covered by EBIT.