Reitar Logtech Holdings Limited (RITR) Balance Sheet

NASDAQ: RITRAssets, liabilities, debt and equity over 4 years.

RITR balance sheet, FY2026

March 31, 2026 · Hong Kong dollars

HK$649.7M assets = HK$412.6M liabilities + HK$237.2M equity

Both columns are drawn to the same scale: what RITR owns equals what it owes plus shareholders’ equity. Hover a block for its value.

RITR financial health

Current ratio0.96

Tight · current assets cover current liabilities 0.96×

Debt / equity3.65

High leverage · HK$3.65 of debt for each $1 of equity

Equity / assets11.6%

Thin equity · of assets funded by shareholders

Cash / debt3.1%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles33.5%

Acquisition-heavy · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

RITR balance sheet trends, FY2021–FY2026

Reitar Logtech Holdings Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	HK$29.8MFY2021	HK$649.7MFY2026	+179.2%/yr
Total liabilities	HK$27.5MFY2021	HK$412.6MFY2026	+146.5%/yr
Shareholders’ equity	HK$2.3MFY2021	HK$75.1MFY2026	+219.6%/yr
Cash & short-term investments	HK$10.7MFY2021	HK$8.6MFY2026	−6.9%/yr
Total debt	HK$1.4MFY2021	HK$274.4MFY2026	+478.4%/yr
Net cash (debt)	HK$9.3MFY2021	−HK$265.7MFY2026	−HK$275.0M
Working capital	HK$2.3MFY2021	−HK$9.9MFY2026	−HK$12.2M
Current ratio	1.08FY2021	0.96FY2026	−0.12
Debt / equity	0.62FY2021	3.65FY2026	+3.04
Shares outstanding	60.0MFY2021	61.5MFY2026	+0.8%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

RITR assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

RITR liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

RITR debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

RITR balance sheet in Hong Kong dollars

Reitar Logtech Holdings Limited annual balance sheet
	FY2026	FY2025	FY2022	FY2021
Assets
Cash & short-term investments	HK$8.6M	HK$20.4M	HK$8.6M	HK$10.7M
Cash & equivalents	HK$8.6M	HK$20.4M	HK$8.6M	HK$10.7M
Receivables	HK$157.0M	HK$232.3M	HK$32.5M	HK$16.0M
Inventory	HK$540,467	HK$0	HK$0	HK$0
Other current assets	HK$81.9M	HK$26.2M	HK$790,185	HK$3.2M
Total current assets	HK$248.0M	HK$278.9M	HK$42.0M	HK$29.8M
Property, plant & equipment (net)	HK$157.0M	HK$8.1M	HK$120,604	HK$19,319
Goodwill & intangible assets	HK$217.6M	HK$35.1M	HK$0	HK$0
Long-term investments	HK$12.4M	HK$11.7M	HK$0	HK$0
Other non-current assets	HK$14.6M	HK$0	HK$0	HK$0
Total assets	HK$649.7M	HK$333.8M	HK$42.1M	HK$29.8M
Liabilities
Accounts payable	HK$43.1M	HK$24.3M	HK$14.1M	HK$12.6M
Short-term debt	HK$135.8M	HK$81.5M	HK$5.1M	HK$1.4M
Deferred revenue	—	HK$54.0M	HK$6.7M	HK$10.1M
Total current liabilities	HK$257.9M	HK$176.4M	HK$34.6M	HK$27.5M
Long-term debt	HK$10.9M	HK$0	HK$0	HK$0
Lease obligations	HK$153.6M	HK$2.4M	HK$0	—
Other long-term liabilities	HK$143.7M	HK$2.4M	HK$0	HK$0
Total liabilities	HK$412.6M	HK$176.4M	HK$34.6M	HK$27.5M
Shareholders' equity
Common stock & paid-in capital	HK$25	HK$25	HK$12	HK$8
Retained earnings (deficit)	−HK$55.3M	HK$97.8M	HK$7.5M	HK$2.3M
Accumulated other comprehensive income	—	HK$0	—	—
Minority interest	HK$162.1M	−HK$5.7M	—	—
Total shareholders' equity	HK$75.1M	HK$163.0M	HK$7.5M	HK$2.3M
Key figures
Total debt	HK$274.4M	HK$81.5M	HK$5.1M	HK$1.4M
Net cash (debt)	−HK$265.7M	−HK$61.1M	HK$3.6M	HK$9.3M
Working capital	−HK$9.9M	HK$102.4M	HK$7.4M	HK$2.3M
Tangible book value	−HK$142.6M	HK$127.9M	HK$7.5M	HK$2.3M
Shares outstanding	61.5M	62.4M	60.0M	60.0M
Current ratio	0.96	1.58	1.21	1.08
Quick ratio	0.64	1.43	1.19	0.97
Debt / equity	3.65	0.50	0.67	0.62
Equity / assets	11.6%	48.8%	17.8%	7.7%

Reitar Logtech Holdings Limited quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	HK$8.6M	HK$8.6M	HK$8.6M	HK$26.5M	HK$20.5M	HK$20.4M	HK$20.4M	HK$30.5M	HK$30.5M	HK$6.4M	HK$6.4M	HK$20.1M
Cash & equivalents	HK$8.6M	HK$8.6M	HK$8.6M	HK$26.5M	HK$20.5M	HK$20.4M	HK$20.4M	HK$30.5M	HK$30.5M	HK$6.4M	HK$6.4M	HK$20.1M
Receivables	HK$157.0M	HK$129,083	HK$157.0M	HK$105.3M	HK$90.4M	HK$582,575	HK$123.8M	HK$176.7M	HK$176.7M	HK$332,567	HK$87.3M	HK$116.2M
Inventory	HK$540,467	HK$540,467	HK$540,467	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$81.9M	HK$238.7M	HK$81.9M	HK$121.6M	HK$142.5M	HK$257.9M	HK$134.7M	HK$108.0M	HK$108.0M	HK$180.7M	HK$93.8M	HK$2.0M
Total current assets	HK$248.0M	HK$248.0M	HK$248.0M	HK$253.4M	HK$253.4M	HK$278.9M	HK$278.9M	HK$315.1M	HK$315.1M	HK$187.4M	HK$187.4M	HK$138.3M
Property, plant & equipment (net)	HK$157.0M	HK$157.0M	HK$157.0M	HK$8.7M	HK$8.7M	HK$8.1M	HK$8.1M	HK$7.2M	HK$7.2M	HK$9.7M	HK$9.7M	HK$11.9M
Goodwill & intangible assets	HK$217.6M	HK$217.6M	HK$217.6M	HK$254.1M	HK$254.1M	HK$35.1M	HK$35.1M	HK$34.1M	HK$34.1M	HK$34.1M	HK$34.1M	HK$34.1M
Long-term investments	HK$0	HK$12.4M	HK$0	HK$11.8M	HK$0	HK$11.7M	HK$0	HK$10.9M	HK$0	HK$10.5M	HK$0	HK$10.2M
Other non-current assets	HK$27.1M	HK$14.6M	HK$27.1M	HK$166	HK$11.8M	HK$0	HK$11.7M	HK$1.1M	HK$12.0M	HK$1.1M	HK$11.6M	HK$8.6M
Total assets	HK$649.7M	HK$649.7M	HK$649.7M	HK$528.0M	HK$527.9M	HK$333.8M	HK$333.8M	HK$368.4M	HK$368.4M	HK$242.8M	HK$242.8M	HK$202.9M
Liabilities
Accounts payable	HK$43.1M	HK$43.1M	HK$43.1M	HK$25.6M	HK$25.6M	HK$24.3M	HK$24.3M	HK$46.5M	HK$46.5M	HK$22.7M	HK$22.7M	HK$5.4M
Short-term debt	HK$135.8M	—	HK$135.8M	HK$84.6M	HK$86.9M	—	HK$81.5M	HK$59.7M	HK$59.7M	—	HK$43.7M	HK$26.9M
Deferred revenue	—	—	HK$54.0M	HK$35.1M	HK$54.0M	—	HK$64.1M	—	HK$59.4M	—	—	HK$49.6M
Total current liabilities	HK$257.9M	HK$257.9M	HK$257.9M	HK$181.9M	HK$181.9M	HK$176.4M	HK$176.4M	HK$187.1M	HK$187.1M	HK$142.4M	HK$142.4M	HK$117.3M
Long-term debt	HK$0	HK$10.9M	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Lease obligations	—	HK$153.6M	—	HK$1.5M	—	HK$2.4M	—	HK$3.9M	—	HK$5.2M	—	HK$6.5M
Other long-term liabilities	HK$154.7M	HK$143.7M	HK$154.7M	HK$4.4M	HK$4.4M	HK$0	HK$800,507	HK$800,507	HK$800,507	HK$2.4M	HK$2.4M	HK$3.9M
Total liabilities	HK$412.6M	HK$412.6M	HK$412.6M	HK$186.2M	HK$186.2M	HK$176.4M	HK$176.4M	HK$187.9M	HK$187.9M	HK$144.8M	HK$144.8M	HK$121.2M
Shareholders' equity
Common stock & paid-in capital	HK$25	—	HK$25	HK$25	HK$25	—	HK$25	HK$25	HK$25	—	HK$24	HK$24
Retained earnings (deficit)	−HK$55.3M	−HK$55.3M	−HK$55.3M	HK$57.8M	HK$57.8M	HK$97.8M	HK$97.8M	HK$114.3M	HK$114.3M	HK$89.9M	HK$89.9M	HK$74.0M
Minority interest	—	HK$162.1M	—	HK$153.5M	—	−HK$5.7M	—	—	—	—	—	—
Total shareholders' equity	HK$75.1M	HK$75.1M	HK$75.1M	HK$188.2M	HK$188.2M	HK$163.0M	HK$163.0M	HK$180.9M	HK$180.9M	HK$98.3M	HK$98.3M	HK$82.4M
Key figures
Total debt	HK$274.4M	HK$10.9M	HK$274.4M	HK$84.8M	HK$87.0M	—	HK$81.5M	HK$60.5M	HK$60.5M	—	HK$46.1M	HK$30.8M
Net cash (debt)	−HK$265.7M	−HK$2.3M	−HK$265.7M	−HK$58.2M	−HK$66.5M	—	−HK$61.1M	−HK$30.1M	−HK$30.1M	—	−HK$39.7M	−HK$10.8M
Working capital	−HK$9.9M	−HK$9.9M	−HK$9.9M	HK$71.5M	HK$71.5M	HK$102.4M	HK$102.4M	HK$128.0M	HK$128.0M	HK$45.0M	HK$45.0M	HK$20.9M
Tangible book value	−HK$142.6M	−HK$142.6M	−HK$142.6M	−HK$65.9M	−HK$65.9M	HK$127.9M	HK$127.9M	HK$146.8M	HK$146.8M	HK$64.2M	HK$64.2M	HK$48.3M
Shares outstanding	60.5M	62.4M	60.5M	62.4M	62.4M	62.4M	62.4M	62.4M	60.5M	62.1M	60.0M	60.0M
Current ratio	0.96	0.96	0.96	1.39	1.39	1.58	1.58	1.68	1.68	1.32	1.32	1.18
Quick ratio	0.64	0.03	0.64	0.72	0.61	0.12	0.82	1.11	1.11	0.05	0.66	1.16
Debt / equity	3.65	0.15	3.65	0.45	0.46	—	0.50	0.33	0.33	—	0.47	0.37
Equity / assets	11.6%	11.6%	11.6%	35.7%	35.7%	48.8%	48.8%	49.1%	49.1%	40.5%	40.5%	40.6%

Quarterly columns are labeled by the month the quarter ended. Figures in Hong Kong dollars as reported (latest annual report filed August 17, 2026); data from EODHD.

RITR financial position

At the end of fiscal 2026 (March 31, 2026), Reitar Logtech had total assets of HK$649.7 million (up 94.6% from a year earlier), total liabilities of HK$412.6 million and shareholders' equity of HK$75.1 million. It held HK$8.6 million in cash and short-term investments against HK$274.4 million of debt, net debt of HK$265.7 million. Its current ratio was 0.96. In the latest quarter (ended June 30, 2026) total assets were HK$649.7 million and equity HK$75.1 million.

Related: RITR income statement, RITR cash flow statement, RITR key metrics. See the RITR stock overview for the latest quote and news.

RITR balance sheet FAQ

What are Reitar Logtech's total assets?

Reitar Logtech reported total assets of HK$649.7 million at the end of fiscal 2026 (March 31, 2026), compared with HK$333.8 million a year earlier.

How much debt does Reitar Logtech have?

Reitar Logtech had HK$274.4 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.65.

How much cash does Reitar Logtech have?

Reitar Logtech held HK$8.6 million in cash and short-term investments at the end of fiscal 2026; with HK$274.4 million of debt that is net debt of HK$265.7 million.

What is Reitar Logtech's book value?

Reitar Logtech's shareholders' equity (book value) was HK$75.1 million at the end of fiscal 2026.

What is Reitar Logtech's current ratio?

Reitar Logtech had current assets of HK$248.0 million and current liabilities of HK$257.9 million, a current ratio of 0.96 (current liabilities exceed current assets).

How much goodwill does Reitar Logtech have?

Reitar Logtech carried HK$217.6 million of goodwill and intangible assets, 33.5% of total assets, at the end of fiscal 2026.