GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Polaris Renewable Energy Inc (OTCPK:RAMPF) » Definitions » Debt-to-Revenue

Polaris Renewable Energy (Polaris Renewable Energy) Debt-to-Revenue : 2.09 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Polaris Renewable Energy Debt-to-Revenue?

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

Polaris Renewable Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $16.37 Mil. Polaris Renewable Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $156.29 Mil. Polaris Renewable Energy's annualized Revenue for the quarter that ended in Mar. 2024 was $82.53 Mil. Polaris Renewable Energy's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 2.09.


Polaris Renewable Energy Debt-to-Revenue Historical Data

The historical data trend for Polaris Renewable Energy'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.

Polaris Renewable Energy Debt-to-Revenue Chart

Polaris Renewable Energy 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 2.59 2.54 2.87 2.99 2.23

Polaris Renewable Energy 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 2.30 2.18 2.37 2.34 2.09

Competitive Comparison of Polaris Renewable Energy's Debt-to-Revenue

For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.


Polaris Renewable Energy's Debt-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Polaris Renewable Energy's Debt-to-Revenue falls into.



Polaris Renewable Energy Debt-to-Revenue Calculation

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

Polaris Renewable Energy'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
=(16.245 + 158.879) / 78.522
=2.23

Polaris Renewable Energy'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
=(16.373 + 156.291) / 82.528
=2.09

* 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.


Polaris Renewable Energy Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Polaris Renewable Energy's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Polaris Renewable Energy (Polaris Renewable Energy) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.

Polaris Renewable Energy (Polaris Renewable Energy) Headlines

From GuruFocus

Polaris Renewable Energy Announces Q4 and Year End 2022 Results

By ACCESSWIRE ACCESSWIRE 02-24-2023

Polaris Renewable Energy Adds Expertise to Work with the Board

By ACCESSWIRE ACCESSWIRE 12-13-2022

Polaris Renewable Energy Declares Quarterly Dividend

By ACCESSWIRE ACCESSWIRE 02-06-2023

Polaris Renewable Energy Announces Q2 2022 Results

By ACCESSWIRE ACCESSWIRE 08-04-2022

Polaris Infrastructure Announces Q2 2021 Results

By PRNewswire PRNewswire 08-05-2021

Binary Unit Commences Operations

By ACCESSWIRE ACCESSWIRE 01-03-2023