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The Hi-Tech Gears (BOM:522073) Debt-to-Revenue : 0.27 (As of Sep. 2024)


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What is The Hi-Tech Gears Debt-to-Revenue?

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

The Hi-Tech Gears's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,150 Mil. The Hi-Tech Gears's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,460 Mil. The Hi-Tech Gears's annualized Revenue for the quarter that ended in Sep. 2024 was ₹9,640 Mil. The Hi-Tech Gears's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.27.


The Hi-Tech Gears Debt-to-Revenue Historical Data

The historical data trend for The Hi-Tech Gears'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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The Hi-Tech Gears Debt-to-Revenue Chart

The Hi-Tech Gears Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.59 0.50 0.40 0.28

The Hi-Tech Gears Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 0.31 - 0.27 - 0.27

Competitive Comparison of The Hi-Tech Gears's Debt-to-Revenue

For the Auto Parts subindustry, The Hi-Tech Gears'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.


The Hi-Tech Gears's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Debt-to-Revenue distribution charts can be found below:

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



The Hi-Tech Gears Debt-to-Revenue Calculation

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

The Hi-Tech Gears's Debt-to-Revenue for the fiscal year 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
=(1549.4 + 1435.15) / 10837.72
=0.28

The Hi-Tech Gears'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
=(1150.35 + 1460.08) / 9639.76
=0.27

* 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.


The Hi-Tech Gears Debt-to-Revenue Related Terms

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The Hi-Tech Gears Business Description

Traded in Other Exchanges
Address
Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.

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