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Pacific Basin Shipping (HKSE:02343) Debt-to-Revenue : 0.16 (As of Dec. 2023)


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What is Pacific Basin Shipping Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Pacific Basin Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$668 Mil. Pacific Basin Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,193 Mil. Pacific Basin Shipping's annualized Revenue for the quarter that ended in Dec. 2023 was HK$17,940 Mil. Pacific Basin Shipping's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.


Pacific Basin Shipping Debt-to-Revenue Historical Data

The historical data trend for Pacific Basin Shipping's Debt-to-Revenue 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.

Pacific Basin Shipping Debt-to-Revenue Chart

Pacific Basin Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.64 0.22 0.14 0.16

Pacific Basin Shipping Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue 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 0.18 0.16 0.15 0.18 0.16

Competitive Comparison of Pacific Basin Shipping's Debt-to-Revenue

For the Marine Shipping subindustry, Pacific Basin Shipping's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Pacific Basin Shipping's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pacific Basin Shipping's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Pacific Basin Shipping's Debt-to-Revenue falls into.



Pacific Basin Shipping Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Pacific Basin Shipping's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(667.816 + 2192.539) / 17936.158
=0.16

Pacific Basin Shipping's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(667.816 + 2192.539) / 17939.704
=0.16

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Pacific Basin Shipping Debt-to-Revenue Related Terms

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Pacific Basin Shipping (HKSE:02343) Business Description

Traded in Other Exchanges
Address
2 Heung Yip Road, 31st Floor One Island South, Wong Chuk Hang, Hong Kong, HKG
Pacific Basin Shipping Ltd is an investment holding company engaged in the provision of dry bulk shipping services internationally including Asia, America, Europe, Africa, and Australia and New Zealand. The company generates revenue from shipping activities, while the principal sources of which are derived from Handysize and Supramax vessels.

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