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Tianye Innovation (BJSE:832023) Debt-to-Revenue : 0.45 (As of Sep. 2024)


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What is Tianye Innovation Debt-to-Revenue?

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

Tianye Innovation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥122.7 Mil. Tianye Innovation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥119.1 Mil. Tianye Innovation's annualized Revenue for the quarter that ended in Sep. 2024 was ¥539.2 Mil. Tianye Innovation's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.45.


Tianye Innovation Debt-to-Revenue Historical Data

The historical data trend for Tianye Innovation'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.

Tianye Innovation Debt-to-Revenue Chart

Tianye Innovation 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 0.50 0.62 0.32 0.31 0.30

Tianye Innovation Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.42 0.26 0.50 0.34 0.45

Competitive Comparison of Tianye Innovation's Debt-to-Revenue

For the Farm Products subindustry, Tianye Innovation'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.


Tianye Innovation's Debt-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tianye Innovation's Debt-to-Revenue distribution charts can be found below:

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



Tianye Innovation Debt-to-Revenue Calculation

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

Tianye Innovation'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
=(56.372 + 82.219) / 459.805
=0.30

Tianye Innovation's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(122.651 + 119.119) / 539.156
=0.45

* 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 (Sep. 2024) Revenue data.


Tianye Innovation Debt-to-Revenue Related Terms

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Tianye Innovation Business Description

Traded in Other Exchanges
N/A
Address
Chuangye Avenue, Industrial Park, Hepu County, Guangxi Zhuang Autonomous Region, Beihai City, CHN, 536100
Tianye Innovation Corp engages in research and development, production, and sales of tropical fruit and vegetable raw material products. Its product range consists NFC frozen powder, juice series, Juice Concentrate, Frozen block, diced series, Preserved fruit freeze-dried series, Beverage series, and Fresh Fruit Series.

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