Lease IT PCL (BKK:LIT-R) Cash-to-Debt : 0.16 (As of Mar. 2025)

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What is Lease IT PCL Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Lease IT PCL's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.16.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Lease IT PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Lease IT PCL's Cash-to-Debt or its related term are showing as below:

BKK:LIT-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.14 Max: 0.57
Current: 0.16

During the past 13 years, Lease IT PCL's highest Cash to Debt Ratio was 0.57. The lowest was 0.02. And the median was 0.14.

BKK:LIT-R's Cash-to-Debt is ranked worse than
54.19% of 513 companies
in the Credit Services industry
Industry Median: 0.22 vs BKK:LIT-R: 0.16

Lease IT PCL Cash-to-Debt Historical Data

The historical data trend for Lease IT PCL's Cash-to-Debt 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.

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

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Lease IT PCL Cash-to-Debt Chart

Lease IT PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.03

0.06

0.55

0.48

0.19

Lease IT PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.33	0.36	0.19	0.16

Competitive Comparison of Lease IT PCL's Cash-to-Debt

For the Credit Services subindustry, Lease IT PCL's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lease IT PCL's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Lease IT PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lease IT PCL's Cash-to-Debt falls into.

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Lease IT PCL Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Lease IT PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	68.001	/	(57.512	+	305.206)
	=	0.19

Lease IT PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	68.379	/	(431.411	+	7.253)
	=	0.16

Lease IT PCL (BKK:LIT-R) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Lease IT PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Lease IT PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Lease IT PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lease IT PCL (BKK:LIT-R) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

LIT:Thailand

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 for sales and 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. The company operates only in Thailand.

Lease IT PCL Headlines

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