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Mermaid Maritime PCL (SGX:DU4) Debt-to-Revenue : 0.30 (As of Mar. 2024)


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What is Mermaid Maritime PCL Debt-to-Revenue?

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

Mermaid Maritime PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$101.2 Mil. Mermaid Maritime PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$41.3 Mil. Mermaid Maritime PCL's annualized Revenue for the quarter that ended in Mar. 2024 was S$472.1 Mil. Mermaid Maritime PCL's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.


Mermaid Maritime PCL Debt-to-Revenue Historical Data

The historical data trend for Mermaid Maritime PCL'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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Mermaid Maritime PCL Debt-to-Revenue Chart

Mermaid Maritime PCL Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.69 0.47 0.32 0.37

Mermaid Maritime PCL 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 0.42 0.32 0.23 0.30 0.30

Competitive Comparison of Mermaid Maritime PCL's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mermaid Maritime PCL's Debt-to-Revenue falls into.



Mermaid Maritime PCL Debt-to-Revenue Calculation

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

Mermaid Maritime PCL'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
=(78.2 + 58.772) / 366.863
=0.37

Mermaid Maritime PCL'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
=(101.173 + 41.287) / 472.064
=0.30

* 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.


Mermaid Maritime PCL Debt-to-Revenue Related Terms

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Mermaid Maritime PCL (SGX:DU4) Business Description

Traded in Other Exchanges
N/A
Address
Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.

Mermaid Maritime PCL (SGX:DU4) Headlines

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