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Concentric AB (OSTO:COIC) Debt-to-Revenue : 0.03 (As of Mar. 2024)


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What is Concentric AB Debt-to-Revenue?

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

Concentric AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr19 Mil. Concentric AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr80 Mil. Concentric AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr4,012 Mil. Concentric AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.


Concentric AB Debt-to-Revenue Historical Data

The historical data trend for Concentric 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.

Concentric AB Debt-to-Revenue Chart

Concentric AB 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 0.04 0.09 0.60 0.32 0.26

Concentric 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 0.11 0.03 0.03 0.29 0.03

Competitive Comparison of Concentric AB's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, Concentric 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.


Concentric AB's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's Debt-to-Revenue distribution charts can be found below:

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



Concentric AB Debt-to-Revenue Calculation

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

Concentric 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
=(396 + 708) / 4205
=0.26

Concentric 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
=(19 + 80) / 4012
=0.02

* 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.


Concentric AB Debt-to-Revenue Related Terms

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Concentric AB (OSTO:COIC) Business Description

Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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