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Thinc Collective AB (XSAT:THINC) Debt-to-Revenue : 0.01 (As of Dec. 2023)


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What is Thinc Collective AB Debt-to-Revenue?

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

Thinc Collective AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4.6 Mil. Thinc Collective AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.2 Mil. Thinc Collective AB's annualized Revenue for the quarter that ended in Dec. 2023 was kr375.8 Mil. Thinc Collective AB's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Thinc Collective AB Debt-to-Revenue Historical Data

The historical data trend for Thinc Collective AB'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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Thinc Collective AB Debt-to-Revenue Chart

Thinc Collective AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.41 0.05 0.02 0.01 0.02

Thinc Collective AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.01 0.01 0.03 0.03 0.01

Competitive Comparison of Thinc Collective AB's Debt-to-Revenue

For the Software - Application subindustry, Thinc Collective AB'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.


Thinc Collective AB's Debt-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Thinc Collective AB's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Thinc Collective AB's Debt-to-Revenue falls into.



Thinc Collective AB Debt-to-Revenue Calculation

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

Thinc Collective AB'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
=(4.64 + 0.182) / 298.921
=0.02

Thinc Collective AB'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
=(4.64 + 0.182) / 375.804
=0.01

* 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.


Thinc Collective AB Debt-to-Revenue Related Terms

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Thinc Collective AB (XSAT:THINC) Business Description

Traded in Other Exchanges
N/A
Address
Södra Hamngatan 35, Gothenburg, SWE, 411 10
Thinc Collective AB is a Swedish software as a service company that develops event management systems. The group offers a group of companies within systems, communication and structure. The companies thinks up and implements ideas for its customers. Its areas of expertise range from data, analysis, technology development, SaaS systems for communication, media, PR, brand experience and financial information. The group targets customers regardless of industry with a need for coherent communication. Thinc Collective operates within the Nordic region.

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