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ECOVE Environment (ROCO:6803) Debt-to-Revenue : 0.33 (As of Mar. 2024)


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What is ECOVE Environment Debt-to-Revenue?

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

ECOVE Environment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$375 Mil. ECOVE Environment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$2,232 Mil. ECOVE Environment's annualized Revenue for the quarter that ended in Mar. 2024 was NT$7,801 Mil. ECOVE Environment's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.


ECOVE Environment Debt-to-Revenue Historical Data

The historical data trend for ECOVE Environment'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.

ECOVE Environment Debt-to-Revenue Chart

ECOVE Environment 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 0.34 0.37 0.48 0.38 0.30

ECOVE Environment 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 0.40 0.33 0.31 0.32 0.33

Competitive Comparison of ECOVE Environment's Debt-to-Revenue

For the Waste Management subindustry, ECOVE Environment'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.


ECOVE Environment's Debt-to-Revenue Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's Debt-to-Revenue distribution charts can be found below:

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



ECOVE Environment Debt-to-Revenue Calculation

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

ECOVE Environment'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
=(61.24 + 2234.954) / 7628.502
=0.30

ECOVE Environment'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
=(375.299 + 2231.915) / 7801.02
=0.33

* 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.


ECOVE Environment Debt-to-Revenue Related Terms

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ECOVE Environment (ROCO:6803) Business Description

Traded in Other Exchanges
N/A
Address
Fushan Road, 12Floor, No. 16, Beitou District, Taipei, TWN, 112037
ECOVE Environment Corp is an investment holding company. It provides waste removal and transportation, recycling, municipal solid waste incineration, and incineration services. It serves public and private entities. It also invests in the development of photovoltaic power plants. The company specializes in providing technical services such as mechatronics system and equipment maintenance and upgrade; commissioning, and testing for the energy-from-waste, railway, waste management, and public utility sectors.

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