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TH1NG AB (OSTO:TH1NG) Debt-to-Revenue : 0.21 (As of Mar. 2024)


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What is TH1NG AB Debt-to-Revenue?

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

TH1NG AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. TH1NG AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5.95 Mil. TH1NG AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr27.88 Mil. TH1NG AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.


TH1NG AB Debt-to-Revenue Historical Data

The historical data trend for TH1NG 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.

TH1NG AB Debt-to-Revenue Chart

TH1NG AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
- - - 0.22

TH1NG AB Quarterly Data
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 - - - 0.17 0.21

Competitive Comparison of TH1NG AB's Debt-to-Revenue

For the Telecom Services subindustry, TH1NG 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.


TH1NG AB's Debt-to-Revenue Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TH1NG AB's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where TH1NG AB's Debt-to-Revenue falls into.



TH1NG AB Debt-to-Revenue Calculation

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

TH1NG 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 + 5.044) / 22.506
=0.22

TH1NG 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 + 5.948) / 27.88
=0.21

* 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.


TH1NG AB Debt-to-Revenue Related Terms

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TH1NG AB (OSTO:TH1NG) Business Description

Traded in Other Exchanges
N/A
Address
Drottninggatan 67, Stockholm, SWE, 111 36
TH1NG AB is the innovative player that delivers and enables smart connected services and internet connection to everything and everyone.

TH1NG AB (OSTO:TH1NG) Headlines

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