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Zhejiang Zheneng Electric Power Co (SHSE:600023) Debt-to-Revenue : 0.61 (As of Mar. 2024)


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What is Zhejiang Zheneng Electric Power Co Debt-to-Revenue?

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

Zhejiang Zheneng Electric Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥16,370 Mil. Zhejiang Zheneng Electric Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32,716 Mil. Zhejiang Zheneng Electric Power Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥80,095 Mil. Zhejiang Zheneng Electric Power Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.


Zhejiang Zheneng Electric Power Co Debt-to-Revenue Historical Data

The historical data trend for Zhejiang Zheneng Electric Power Co'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.

Zhejiang Zheneng Electric Power Co Debt-to-Revenue Chart

Zhejiang Zheneng Electric Power Co 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 0.53 0.54 0.44 0.50 0.51

Zhejiang Zheneng Electric Power Co 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 0.69 0.51 0.45 0.46 0.61

Competitive Comparison of Zhejiang Zheneng Electric Power Co's Debt-to-Revenue

For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co'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.


Zhejiang Zheneng Electric Power Co's Debt-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhejiang Zheneng Electric Power Co's Debt-to-Revenue falls into.



Zhejiang Zheneng Electric Power Co Debt-to-Revenue Calculation

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

Zhejiang Zheneng Electric Power Co'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
=(16248.337 + 32885.381) / 95975.196
=0.51

Zhejiang Zheneng Electric Power Co'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
=(16369.833 + 32716.485) / 80094.62
=0.61

* 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.


Zhejiang Zheneng Electric Power Co Debt-to-Revenue Related Terms

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Zhejiang Zheneng Electric Power Co (SHSE:600023) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Building, Tianmushan Road, No. 152, Hangzhou, Zhejiang, CHN, 310007
Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power. The company has expanded its investment scale in the power production field year by year.

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