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RenRenLe Commercial Group Co (SZSE:002336) Debt-to-Revenue : 0.85 (As of Mar. 2024)


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What is RenRenLe Commercial Group Co Debt-to-Revenue?

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

RenRenLe Commercial Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥431 Mil. RenRenLe Commercial Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,556 Mil. RenRenLe Commercial Group Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥2,333 Mil. RenRenLe Commercial Group Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.85.


RenRenLe Commercial Group Co Debt-to-Revenue Historical Data

The historical data trend for RenRenLe Commercial Group Co'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.

RenRenLe Commercial Group Co Debt-to-Revenue Chart

RenRenLe Commercial Group Co 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 0.04 0.04 0.48 0.56 0.71

RenRenLe Commercial Group Co 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 0.57 0.79 0.86 0.80 0.85

Competitive Comparison of RenRenLe Commercial Group Co's Debt-to-Revenue

For the Grocery Stores subindustry, RenRenLe Commercial Group Co'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.


RenRenLe Commercial Group Co's Debt-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, RenRenLe Commercial Group Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where RenRenLe Commercial Group Co's Debt-to-Revenue falls into.



RenRenLe Commercial Group Co Debt-to-Revenue Calculation

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

RenRenLe Commercial Group Co'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
=(389.042 + 1626.791) / 2852.68
=0.71

RenRenLe Commercial Group Co'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
=(431.261 + 1556.025) / 2333.296
=0.85

* 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.


RenRenLe Commercial Group Co Debt-to-Revenue Related Terms

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RenRenLe Commercial Group Co (SZSE:002336) Business Description

Traded in Other Exchanges
N/A
Address
North side of Zhoushi Road, Shiyan Street, Baoan District, Guangdong, Shenzhen, CHN
RenRenLe Commercial Group Co Ltd., located in China, is in the business is of operating hypermarkets, supermarkets, and department stores. The company's main business is hypermarket, Le Super high-end boutique supermarket, Renren music department store, online shopping life supermarket. Geographically the activities are carried out through China.
Executives
Hou Yan Kui Directors, executives
He Jin Ming Executives, directors
Song Qi Directors, executives

RenRenLe Commercial Group Co (SZSE:002336) Headlines

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