Lease IT PCL (BKK:LIT-R) Debt-to-Equity : 0.81 (As of Mar. 2025)

View and export this data going back to 2014. Start your Free Trial

What is Lease IT PCL Debt-to-Equity?

Lease IT PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿431.4 Mil. Lease IT PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿7.3 Mil. Lease IT PCL's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ฿544.2 Mil. Lease IT PCL's debt to equity for the quarter that ended in Mar. 2025 was 0.81.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

BKK:LIT-R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 1.27 Max: 2.94
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Lease IT PCL was 2.94. The lowest was 0.27. And the median was 1.27.

BKK:LIT-R's Debt-to-Equity is ranked better than
58.33% of 444 companies
in the Credit Services industry
Industry Median: 1.095 vs BKK:LIT-R: 0.81

Lease IT PCL Debt-to-Equity Historical Data

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

* Premium members only.

Lease IT PCL Debt-to-Equity Chart

Lease IT PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

1.34

1.19

0.76

0.36

0.67

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
Debt-to-Equity	Get a 7-Day Free Trial															0.27	0.38	0.65	0.67	0.81

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

For the Credit Services subindustry, Lease IT PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Credit Services Industry

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

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

Save Embed

;

Save Embed

;

Lease IT PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(57.512	+	305.206)	/	540.956
	=	0.67

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(431.411	+	7.253)	/	544.175
	=	0.81

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Lease IT PCL Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Lease IT PCL's Debt-to-Equity 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 » Debt-to-Equity

Comparable Companies

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

No Headlines