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Norva24 Group AB (FRA:WG0) Debt-to-Revenue : 0.50 (As of Sep. 2024)


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What is Norva24 Group AB Debt-to-Revenue?

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

Norva24 Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €23.1 Mil. Norva24 Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €139.4 Mil. Norva24 Group AB's annualized Revenue for the quarter that ended in Sep. 2024 was €326.8 Mil. Norva24 Group AB's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.50.


Norva24 Group AB Debt-to-Revenue Historical Data

The historical data trend for Norva24 Group 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.

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Norva24 Group AB Debt-to-Revenue Chart

Norva24 Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.85 0.94 0.51 0.52 0.48

Norva24 Group AB Quarterly Data
Dec18 Dec19 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 0.48 0.43 0.52 0.48 0.50

Competitive Comparison of Norva24 Group AB's Debt-to-Revenue

For the Waste Management subindustry, Norva24 Group 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.


Norva24 Group AB's Debt-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Norva24 Group AB's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Norva24 Group AB's Debt-to-Revenue falls into.



Norva24 Group AB Debt-to-Revenue Calculation

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

Norva24 Group 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
=(20.08 + 111.811) / 273.986
=0.48

Norva24 Group AB'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
=(23.071 + 139.4) / 326.792
=0.50

* 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.


Norva24 Group AB Debt-to-Revenue Related Terms

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Norva24 Group AB Business Description

Traded in Other Exchanges
Address
Grandevegen 13, Stryn, NOR, 6783
Norva24 Group AB is an underground infrastructure maintenance specialist. The company's service offering includes mission-critical and non-discretionary maintenance services for underground infrastructure, such as pressure washing, emptying services, and pipe services. The geographical segments of the company include Norway; Germany; Sweden and Denmark. The company derives a majority of its revenue from Germany.

Norva24 Group AB Headlines

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