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Turners Automotive Group (NZSE:TRA) Debt-to-Revenue : 1.66 (As of Sep. 2023)


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What is Turners Automotive Group Debt-to-Revenue?

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

Turners Automotive Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NZ$443.0 Mil. Turners Automotive Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NZ$0.0 Mil. Turners Automotive Group's annualized Revenue for the quarter that ended in Sep. 2023 was NZ$267.4 Mil. Turners Automotive Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 1.66.


Turners Automotive Group Debt-to-Revenue Historical Data

The historical data trend for Turners Automotive Group'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.

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Turners Automotive Group Debt-to-Revenue Chart

Turners Automotive Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.44 1.55 1.56 1.13

Turners Automotive Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.49 1.49 3.85 0.80 1.66

Competitive Comparison of Turners Automotive Group's Debt-to-Revenue

For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.


Turners Automotive Group's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Turners Automotive Group's Debt-to-Revenue falls into.



Turners Automotive Group Debt-to-Revenue Calculation

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

Turners Automotive Group's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(439.155 + 0) / 389.027
=1.13

Turners Automotive Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(443.004 + 0) / 267.432
=1.66

* 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 (Sep. 2023) Revenue data.


Turners Automotive Group Debt-to-Revenue Related Terms

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Turners Automotive Group (NZSE:TRA) Business Description

Traded in Other Exchanges
Address
Level 5, 70 Shortland Street, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd is an integrated financial services group, primarily operating in the automotive sector. Business activity generally functions through Automotive Retail, Finance, Insurance, Credit management, Corporate, and Others. The company derives the majority of its revenue from Automotive retail which is engaged in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale and related asset-based finance to consumers. Geographically the group's business activities are located in New Zealand and Australia.

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