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Lanxess AG (LTS:0H7I) Debt-to-Revenue : 0.00 (As of Sep. 2024)


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What is Lanxess AG Debt-to-Revenue?

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

Lanxess AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Lanxess AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Lanxess AG's annualized Revenue for the quarter that ended in Sep. 2024 was €6,392 Mil. Lanxess AG's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.


Lanxess AG Debt-to-Revenue Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Debt-to-Revenue Chart

Lanxess AG 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 0.41 0.46 0.57 0.52 0.45

Lanxess AG 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 - 0.52 - - -

Competitive Comparison of Lanxess AG's Debt-to-Revenue

For the Specialty Chemicals subindustry, Lanxess AG'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.


Lanxess AG's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lanxess AG's Debt-to-Revenue distribution charts can be found below:

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



Lanxess AG Debt-to-Revenue Calculation

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

Lanxess AG'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
=(68 + 2937) / 6714
=0.45

Lanxess AG's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

* 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.


Lanxess AG Debt-to-Revenue Related Terms

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Lanxess AG Business Description

Address
Kennedyplatz 1, Cologne, DEU, 50569
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

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