Thor Industries (FRA:TIV) Debt-to-Revenue : 0.13 (As of Oct. 2024)

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What is Thor Industries Debt-to-Revenue?

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

Thor Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €30 Mil. Thor Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €958 Mil. Thor Industries's annualized Revenue for the quarter that ended in Oct. 2024 was €7,868 Mil. Thor Industries's annualized Debt-to-Revenue for the quarter that ended in Oct. 2024 was 0.13.

Thor Industries Debt-to-Revenue Historical Data

The historical data trend for Thor Industries'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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Thor Industries Debt-to-Revenue Chart

Thor Industries Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Revenue

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0.20

0.13

0.11

0.12

0.11

Thor Industries Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Debt-to-Revenue	Get a 7-Day Free Trial															0.13	0.16	0.11	0.11	0.13

Competitive Comparison of Thor Industries's Debt-to-Revenue

For the Recreational Vehicles subindustry, Thor Industries'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.

Thor Industries's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

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

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

Thor Industries Debt-to-Revenue Calculation

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

Thor Industries's Debt-to-Revenue for the fiscal year that ended in Jul. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(30.103	+	1015.366)	/	9260.022
	=	0.11

Thor Industries's annualized Debt-to-Revenue for the quarter that ended in Oct. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(29.565	+	958.199)	/	7868.304
	=	0.13

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 (Oct. 2024) Revenue data.

Thor Industries Debt-to-Revenue Related Terms

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Thor Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thor Industries Inc (FRA:TIV) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

THO:USA 0LF8:UK TIV:Germany

Address

601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305

Website

https://www.thorindustries.com

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.

Thor Industries Headlines

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