Volatus Aerospace (Volatus Aerospace) Debt-to-Revenue : 0.45 (As of Dec. 2023)

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What is Volatus Aerospace Debt-to-Revenue?

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

Volatus Aerospace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.36 Mil. Volatus Aerospace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.60 Mil. Volatus Aerospace's annualized Revenue for the quarter that ended in Dec. 2023 was $31.31 Mil. Volatus Aerospace's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.

Volatus Aerospace Debt-to-Revenue Historical Data

The historical data trend for Volatus Aerospace'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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Volatus Aerospace Debt-to-Revenue Chart

Volatus Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

N/A

8.42

0.43

0.46

0.54

Volatus Aerospace Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial											0.47	0.48	0.38	0.56	0.45

Competitive Comparison of Volatus Aerospace's Debt-to-Revenue

For the Aerospace & Defense subindustry, Volatus Aerospace'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.

Volatus Aerospace's Debt-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Volatus Aerospace's Debt-to-Revenue distribution charts can be found below:

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

Volatus Aerospace Debt-to-Revenue Calculation

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

Volatus Aerospace'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
	=	(7.364	+	6.597)	/	25.994
	=	0.54

Volatus Aerospace'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
	=	(7.364	+	6.597)	/	31.308
	=	0.45

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.

Volatus Aerospace Debt-to-Revenue Related Terms

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Volatus Aerospace (Volatus Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Volatus Aerospace Corp (OTCPK:VLTTF) » Definitions » Debt-to-Revenue

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Traded in Other Exchanges

VOL:Canada

Address

60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0

Website

https://www.volatusaerospace.com

Volatus Aerospace Corp is a provider of integrated drone solutions. It offers a range of solutions and services throughout Canada, the United States, Latin America, and Europe for civilian and military applications, including system and vehicle sales, service and training; aerial inspection and imaging services; data processing and management; system design engineering, research and development, manufacture, and testing.