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Borouge (ADX:BOROUGE) Debt-to-Revenue : 0.52 (As of Jun. 2024)


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What is Borouge Debt-to-Revenue?

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

Borouge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was د.إ43 Mil. Borouge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was د.إ11,391 Mil. Borouge's annualized Revenue for the quarter that ended in Jun. 2024 was د.إ22,082 Mil. Borouge's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 0.52.


Borouge Debt-to-Revenue Historical Data

The historical data trend for Borouge'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.

Borouge Debt-to-Revenue Chart

Borouge Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
- N/A 0.57

Borouge Quarterly Data
Mar21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.58 0.55 0.62 0.52

Competitive Comparison of Borouge's Debt-to-Revenue

For the Specialty Chemicals subindustry, Borouge'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.


Borouge's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borouge's Debt-to-Revenue distribution charts can be found below:

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



Borouge Debt-to-Revenue Calculation

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

Borouge'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
=(30.585 + 12131.983) / 21271.651
=0.57

Borouge's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(42.511 + 11390.869) / 22081.576
=0.52

* 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 (Jun. 2024) Revenue data.


Borouge Debt-to-Revenue Related Terms

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Borouge Business Description

Traded in Other Exchanges
N/A
Address
El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE
Borouge Plc is a petrochemical company that provides solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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