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Africa Resources AB (NGM:AFRI) Debt-to-Revenue : 1.82 (As of Mar. 2024)


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What is Africa Resources AB Debt-to-Revenue?

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

Africa Resources AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Africa Resources AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5.40 Mil. Africa Resources AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr2.97 Mil. Africa Resources AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.82.


Africa Resources AB Debt-to-Revenue Historical Data

The historical data trend for Africa Resources 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.

* Premium members only.

Africa Resources AB Debt-to-Revenue Chart

Africa Resources AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.29 1.83 1.62 2.31 3.82

Africa Resources AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.80 161.47 20.63 1.26 1.82

Competitive Comparison of Africa Resources AB's Debt-to-Revenue

For the Other Precious Metals & Mining subindustry, Africa Resources 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.


Africa Resources AB's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Africa Resources AB's Debt-to-Revenue distribution charts can be found below:

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



Africa Resources AB Debt-to-Revenue Calculation

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

Africa Resources 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
=(0 + 5.159) / 1.351
=3.82

Africa Resources AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 5.398) / 2.972
=1.82

* 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 (Mar. 2024) Revenue data.


Africa Resources AB Debt-to-Revenue Related Terms

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Africa Resources AB (NGM:AFRI) Business Description

Traded in Other Exchanges
N/A
Address
Engelbrektsgatan 7, 1 trp, Stockholm, SWE, 11432
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.

Africa Resources AB (NGM:AFRI) Headlines