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LEET (LTESF) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is LEET Interest Coverage?

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 by its Interest Expense. LEET's Operating Income for the three months ended in Mar. 2025 was $-0.25 Mil. LEET's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. LEET has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

LEET Inc has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

The historical rank and industry rank for LEET's Interest Coverage or its related term are showing as below:

LTESF' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


LTESF's Interest Coverage is ranked better than
99.52% of 626 companies
in the Media - Diversified industry
Industry Median: 10.51 vs LTESF: No Debt

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


LEET Interest Coverage Historical Data

The historical data trend for LEET's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

LEET Interest Coverage Chart

LEET Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A - - No Debt

LEET Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of LEET's Interest Coverage

For the Entertainment subindustry, LEET's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


LEET's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, LEET's Interest Coverage distribution charts can be found below:

* The bar in red indicates where LEET's Interest Coverage falls into.


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LEET Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

LEET's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, LEET's Interest Expense was $0.00 Mil. Its Operating Income was $-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

LEET had no debt (1).

LEET's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, LEET's Interest Expense was $0.00 Mil. Its Operating Income was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

LEET had no debt (1).

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


LEET  (OTCPK:LTESF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


LEET Interest Coverage Related Terms

Thank you for viewing the detailed overview of LEET's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


LEET Business Description

Traded in Other Exchanges
N/A
Address
Jalan Othman, 805, 8th Floor, Menara Mutiara Majestic, Petaling Jaya, SGR, MYS, 46000
Leet Technology Inc is a technology company developing and operating platforms focused on eSports platform in Malaysia. The gaming platform of the company allows tournament organizers, brands, players, and game developers to organize esports tournaments utilizing their platform tools. The segments of the company are White label solutions and Matchroom Mini-app solutions. The company derives maximum revenue from White label solutions.
Executives
Dai Song director, 10 percent owner, officer: CEO, CFO, Secretary 803 & 805, 8TH FLOOR, MENARA MUTIARA MAJECTIC, JALAN OTHMAN, PETALING JAYA N8 46000
Doheny Group, Llc 10 percent owner 1702 S. ROBERTSON BLVD, #111, LOS ANGELES CA 90035
David Haridim director, 10 percent owner, officer: Pres., CEO, CFO, Secretary 1427 S ROBERTSON BLVD, LOS ANGELES CA 90035
Laurence Wainer director, 10 percent owner, officer: President 137 SOUTH ROBERSTON BOULEVARD, BEVERLY HILLS CA 90211
James M Cassidy other: former president and director 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: former vp and director 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212