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Salona Cotspin (NSE:SALONA) Debt-to-Revenue : 0.34 (As of Sep. 2024)


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What is Salona Cotspin Debt-to-Revenue?

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

Salona Cotspin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,475 Mil. Salona Cotspin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹765 Mil. Salona Cotspin's annualized Revenue for the quarter that ended in Sep. 2024 was ₹6,643 Mil. Salona Cotspin's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.34.


Salona Cotspin Debt-to-Revenue Historical Data

The historical data trend for Salona Cotspin'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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Salona Cotspin Debt-to-Revenue Chart

Salona Cotspin Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.33 0.23 0.36 0.38

Salona Cotspin 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 0.23 - 0.54 - 0.34

Competitive Comparison of Salona Cotspin's Debt-to-Revenue

For the Textile Manufacturing subindustry, Salona Cotspin'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.


Salona Cotspin's Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Salona Cotspin's Debt-to-Revenue distribution charts can be found below:

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



Salona Cotspin Debt-to-Revenue Calculation

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

Salona Cotspin's Debt-to-Revenue for the fiscal year 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
=(1796.581 + 771.473) / 6743.958
=0.38

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1474.954 + 765.445) / 6642.584
=0.34

* 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.


Salona Cotspin Debt-to-Revenue Related Terms

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Salona Cotspin Business Description

Traded in Other Exchanges
Address
No. 9, Ramalinga Nagar, IV Cross, Saibaba Colony, Coimbatore, TN, IND, 641 011
Salona Cotspin Ltd is an India-based company engaged in manufacturing and selling of Cotton Yarn, Knitted Fabrics, and Garments. The company caters to both domestic and international markets. The company has only one segment which is the Textile Business.

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