Lite Strategy (LITS) Operating Leases (2020 - 2024)
Lite Strategy (LITS) recorded Operating Leases of $10.62 million in fiscal Q3 2024 (quarter ended Mar 31, 2024), down 9.0% from $11.67 million a year earlier and down 3.6% from the prior quarter.
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Analysis
Lite Strategy (LITS) Operating Leases (2020 - 2024) Analysis & Trends
At the end of FY2023 (ended Jun 30, 2023), Lite Strategy reported Operating Leases of $11.3 million, up 28.8% from FY2022.
- Across earlier fiscal years, Operating Leases came in at $8.77 million in FY2022 (+19.0%) and $7.37 million in FY2021.
- The fiscal Q3 2024 figure is the lowest quarterly Operating Leases since fiscal Q4 2022.
- On a year-over-year basis, Operating Leases has declined for three consecutive quarters, with growth averaging 24.7% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 75.4% in fiscal Q2 2023, against a decline of 12.6% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $11.01 million (Q2 2024), $11.33 million (Q1 2024) and $11.3 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.83 Bn | 1,078.42 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 610.61 Bn | 529.14 Bn | 17.26 Bn |
| 3 | AbbVie | 500.66 Bn | 473.77 Bn | 12.70 Bn |
| 4 | Merck | 354.64 Bn | 309.02 Bn | 12.21 Bn |
| 5 | Novartis Ag | 291.14 Bn | 255.13 Bn | 11.24 Bn |
| 6 | Astrazeneca | 254.18 Bn | 227.87 Bn | 12.86 Bn |
| 7 | Amgen | 229.46 Bn | 184.86 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 190.33 Bn | 164.53 Bn | 6.22 Bn |
| 9 | Pfizer | 167.92 Bn | 114.57 Bn | 10.94 Bn |
| 10 | Lite Strategy | 40.09 Mn | 7.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 10.62 Mn |
| Dec 31, 2023 | 11.01 Mn |
| Sep 30, 2023 | 11.33 Mn |
| Jun 30, 2023 | 11.30 Mn |
| Mar 31, 2023 | 11.67 Mn |
| Dec 31, 2022 | 12.03 Mn |
| Sep 30, 2022 | 12.38 Mn |
| Jun 30, 2022 | 8.77 Mn |
| Mar 31, 2022 | 9.21 Mn |
| Dec 31, 2021 | 6.86 Mn |
| Sep 30, 2021 | 7.12 Mn |
| Jun 30, 2021 | 7.37 Mn |
| Mar 31, 2021 | 7.61 Mn |
| Dec 31, 2020 | 7.84 Mn |
| Sep 30, 2020 | 8.07 Mn |
API Access
Lite Strategy Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=LITS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "LITS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=LITS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();