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Asetek AS (OCSE:ASTK) Debt-to-Revenue : 0.46 (As of Jun. 2024)


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What is Asetek AS Debt-to-Revenue?

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

Asetek AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr152.7 Mil. Asetek AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr4.6 Mil. Asetek AS's annualized Revenue for the quarter that ended in Jun. 2024 was kr345.6 Mil. Asetek AS's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 0.45.


Asetek AS Debt-to-Revenue Historical Data

The historical data trend for Asetek AS'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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Asetek AS Debt-to-Revenue Chart

Asetek AS 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 0.08 0.06 0.04 0.43 0.24

Asetek AS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.55 0.25 0.25 0.46

Competitive Comparison of Asetek AS's Debt-to-Revenue

For the Computer Hardware subindustry, Asetek AS'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.


Asetek AS's Debt-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Asetek AS's Debt-to-Revenue distribution charts can be found below:

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



Asetek AS Debt-to-Revenue Calculation

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

Asetek AS'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
=(107.867 + 17.743) / 521.714
=0.24

Asetek AS'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
=(152.65 + 4.576) / 345.57
=0.45

* 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.


Asetek AS Debt-to-Revenue Related Terms

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Asetek AS Business Description

Traded in Other Exchanges
Address
Assensvej 2, Aalborg East, Aalborg, DNK, DK-9220
Asetek AS designs develop and market liquid cooling products. It operates in three segments: Liquid Cooling, Data center, and SimSports. The company generates maximum revenue from the Liquid Cooling segment. The Company operates internationally in several geographical areas, principally in Asia, Europe and the Americas. It derives majority of its revenue from Asia region followed by Americas.

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