Arecor Therapeutics (LSE:AREC) Debt-to-Revenue : 0.06 (As of Dec. 2023)

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What is Arecor Therapeutics Debt-to-Revenue?

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

Arecor Therapeutics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.12 Mil. Arecor Therapeutics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.22 Mil. Arecor Therapeutics's annualized Revenue for the quarter that ended in Dec. 2023 was £5.81 Mil. Arecor Therapeutics's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Arecor Therapeutics Debt-to-Revenue Historical Data

The historical data trend for Arecor Therapeutics'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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Arecor Therapeutics Debt-to-Revenue Chart

Arecor Therapeutics Annual Data

Trend

May17

May18

May19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.30

1.18

0.20

0.12

0.07

Arecor Therapeutics Semi-Annual Data
	May18	May19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial					0.15	0.12	0.08	0.05	0.06

Competitive Comparison of Arecor Therapeutics's Debt-to-Revenue

For the Biotechnology subindustry, Arecor Therapeutics'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.

Arecor Therapeutics's Debt-to-Revenue Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Arecor Therapeutics's Debt-to-Revenue distribution charts can be found below:

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

Arecor Therapeutics Debt-to-Revenue Calculation

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

Arecor Therapeutics'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
	=	(0.118	+	0.22)	/	4.573
	=	0.07

Arecor Therapeutics's annualized Debt-to-Revenue for the quarter 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
	=	(0.118	+	0.22)	/	5.808
	=	0.06

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 two times the quarterly (Dec. 2023) Revenue data.

Arecor Therapeutics Debt-to-Revenue Related Terms

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Arecor Therapeutics (LSE:AREC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arecor Therapeutics PLC (LSE:AREC) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

6UI:Germany

Address

Chesterford Research Park, Little Chesterford, Saffron Walden, GBR, CB10 1XL

Website

https://www.arecor.com

Arecor Therapeutics PLC is a focused biopharmaceutical company. The company is transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products. By applying an innovative proprietary formulation technology platform, Aresta. It is developing a portfolio of proprietary products in diabetes and other indications and working with pharmaceutical and biotechnology companies to deliver enhanced reformulations of their therapies. Geographically, it operates in the UK, Switzerland, the Rest of Europe, the USA, India, and the Rest of the World, out of which the majority is from the UK.