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Mincon Group (LSE:MCON) Debt-to-Revenue : 0.26 (As of Dec. 2023)


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What is Mincon Group Debt-to-Revenue?

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

Mincon Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £12.1 Mil. Mincon Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £22.4 Mil. Mincon Group's annualized Revenue for the quarter that ended in Dec. 2023 was £131.5 Mil. Mincon Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.


Mincon Group Debt-to-Revenue Historical Data

The historical data trend for Mincon Group'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.

Mincon Group Debt-to-Revenue Chart

Mincon Group 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 0.12 0.17 0.24 0.25 0.26

Mincon Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.22 0.22 0.25 0.27 0.26

Competitive Comparison of Mincon Group's Debt-to-Revenue

For the Tools & Accessories subindustry, Mincon Group'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.


Mincon Group's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mincon Group's Debt-to-Revenue distribution charts can be found below:

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



Mincon Group Debt-to-Revenue Calculation

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

Mincon Group'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
=(12.13 + 22.427) / 135.197
=0.26

Mincon Group'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
=(12.13 + 22.427) / 131.544
=0.26

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


Mincon Group Debt-to-Revenue Related Terms

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Mincon Group (LSE:MCON) Business Description

Traded in Other Exchanges
Address
Smithstown Industrial Estate, County Clare, Shannon, IRL
Mincon Group PLC is an Irish engineering company. The company is engaged in the designing, manufacturing, selling and servicing of rock drilling tools and associated products. It provides after sales support and service to customers through its network of sales and distribution companies in international markets. Most of the revenue is derived from the sale of drilling equipment and other products that are manufactured by its manufacturing sites. Geographically, it derives maximum revenue from Europe, Middle East, Africa and has a presence in Ireland, America, and Australasia.

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