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LXEH (Lixiang Education Holding Co) Debt-to-Revenue : 2.13 (As of Jun. 2024)


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What is Lixiang Education Holding Co Debt-to-Revenue?

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

Lixiang Education Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $8.97 Mil. Lixiang Education Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.03 Mil. Lixiang Education Holding Co's annualized Revenue for the quarter that ended in Jun. 2024 was $4.22 Mil. Lixiang Education Holding Co's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 2.13.


Lixiang Education Holding Co Debt-to-Revenue Historical Data

The historical data trend for Lixiang Education Holding Co'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.

Lixiang Education Holding Co Debt-to-Revenue Chart

Lixiang Education Holding Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 6.23 0.97 2.24 1.75 1.53

Lixiang Education Holding Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.02 1.94 1.71 1.52 2.13

Competitive Comparison of Lixiang Education Holding Co's Debt-to-Revenue

For the Education & Training Services subindustry, Lixiang Education Holding Co'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.


Lixiang Education Holding Co's Debt-to-Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Lixiang Education Holding Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Lixiang Education Holding Co's Debt-to-Revenue falls into.



Lixiang Education Holding Co Debt-to-Revenue Calculation

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

Lixiang Education Holding Co'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
=(10.885 + 0) / 7.117
=1.53

Lixiang Education Holding Co's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8.973 + 0.034) / 4.222
=2.13

* 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 (Jun. 2024) Revenue data.


Lixiang Education Holding Co Debt-to-Revenue Related Terms

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Lixiang Education Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 818 Hua Yuan Street, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Lixiang Education Holding Co Ltd is a private primary and secondary education service provider in Lishui City, Zhejiang Province. Its private education services primarily include primary and middle school education from grade 1 to grade 9. The company also offers high school education services at its High School Divisions.