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Ideal Bike (ROCO:8933) Debt-to-Revenue : 0.83 (As of Mar. 2024)


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What is Ideal Bike Debt-to-Revenue?

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

Ideal Bike's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,872 Mil. Ideal Bike's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$198 Mil. Ideal Bike's annualized Revenue for the quarter that ended in Mar. 2024 was NT$2,510 Mil. Ideal Bike's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.


Ideal Bike Debt-to-Revenue Historical Data

The historical data trend for Ideal Bike'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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Ideal Bike Debt-to-Revenue Chart

Ideal Bike 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 0.52 0.39 0.36 0.43 0.60

Ideal Bike Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.63 0.60 0.52 1.28 0.83

Competitive Comparison of Ideal Bike's Debt-to-Revenue

For the Leisure subindustry, Ideal Bike'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.


Ideal Bike's Debt-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ideal Bike's Debt-to-Revenue falls into.



Ideal Bike Debt-to-Revenue Calculation

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

Ideal Bike'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
=(1931.464 + 244.904) / 3654.553
=0.60

Ideal Bike's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1872.368 + 197.926) / 2509.796
=0.82

* 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 four times the quarterly (Mar. 2024) Revenue data.


Ideal Bike Debt-to-Revenue Related Terms

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Ideal Bike (ROCO:8933) Business Description

Traded in Other Exchanges
N/A
Address
No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments.

Ideal Bike (ROCO:8933) Headlines

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