Lease IT PCL (BKK:LIT) Interest Expense : ฿0.00 Mil (TTM As of Mar. 2024)

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What is Lease IT PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lease IT PCL's interest expense for the three months ended in Mar. 2024 was ฿ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lease IT PCL's Operating Income for the three months ended in Mar. 2024 was ฿ -31.35 Mil. Lease IT PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ 0.00 Mil. Lease IT PCL has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Lease IT PCL Interest Expense Historical Data

The historical data trend for Lease IT PCL's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lease IT PCL Interest Expense Chart

Lease IT PCL Annual Data

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Interest Expense

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Lease IT PCL Quarterly Data
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Lease IT PCL Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.00 Mil.

Lease IT PCL (BKK:LIT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lease IT PCL's Interest Expense for the three months ended in Mar. 2024 was ฿0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿-31.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿0.00 Mil.

Lease IT PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Lease IT PCL had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Lease IT PCL (BKK:LIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lease IT PCL (BKK:LIT) » Definitions » Interest Expense

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Address

Rama III Road, 1023 MS Siam Tower, 29th Floor, Chongnonsi, Yannawa, Bangkok, THA, 10120

Website

https://www.leaseit.co.th

Lease IT PCL is a Thailand-based company engaged in providing financial services in the form of hire-purchase, leasing, factoring services, and loans. It is organized into three business segments based on its services such as Lending business in term of hire-purchase, financial leases, factoring from selling and service, loans and sales of goods, Providing the data information and credit analysis included the project management and online shopping service platform with installment payment. It generates maximum revenue from financial services.