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Sandvik AB (Sandvik AB) Debt-to-Revenue : 0.41 (As of Mar. 2024)


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What is Sandvik AB Debt-to-Revenue?

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

Sandvik AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,176 Mil. Sandvik AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3,358 Mil. Sandvik AB's annualized Revenue for the quarter that ended in Mar. 2024 was $11,143 Mil. Sandvik AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.


Sandvik AB Debt-to-Revenue Historical Data

The historical data trend for Sandvik 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.

* Premium members only.

Sandvik AB Debt-to-Revenue Chart

Sandvik AB 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 0.20 0.21 0.40 0.46 0.36

Sandvik AB 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 0.44 0.45 0.42 0.35 0.41

Competitive Comparison of Sandvik AB's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, Sandvik 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.


Sandvik AB's Debt-to-Revenue Distribution in the Industrial Products Industry

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

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



Sandvik AB Debt-to-Revenue Calculation

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

Sandvik 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
=(1193.262 + 3201.626) / 12332.612
=0.36

Sandvik AB'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
=(1176.126 + 3358.37) / 11142.508
=0.41

* 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.


Sandvik AB Debt-to-Revenue Related Terms

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Sandvik AB (Sandvik AB) Business Description

Address
Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.