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Nippon Avionics Co (TSE:6946) Debt-to-Revenue : 0.26 (As of Dec. 2023)


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What is Nippon Avionics Co Debt-to-Revenue?

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

Nippon Avionics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,755 Mil. Nippon Avionics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,035 Mil. Nippon Avionics Co's annualized Revenue for the quarter that ended in Dec. 2023 was 円18,336 Mil. Nippon Avionics Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.


Nippon Avionics Co Debt-to-Revenue Historical Data

The historical data trend for Nippon Avionics 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.

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Nippon Avionics Co Debt-to-Revenue Chart

Nippon Avionics Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.26 0.20 0.21 -

Nippon Avionics 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 0.18 0.27 0.24 0.26 -

Competitive Comparison of Nippon Avionics Co's Debt-to-Revenue

For the Electrical Equipment & Parts subindustry, Nippon Avionics 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.


Nippon Avionics Co's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Avionics Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nippon Avionics Co's Debt-to-Revenue falls into.



Nippon Avionics Co Debt-to-Revenue Calculation

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

Nippon Avionics Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Nippon Avionics Co'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
=(2755 + 2035) / 18336
=0.26

* 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 (Dec. 2023) Revenue data.


Nippon Avionics Co Debt-to-Revenue Related Terms

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Nippon Avionics Co (TSE:6946) Business Description

Traded in Other Exchanges
Address
Gotanda Kowa Building, 8-1-5, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.

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