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China Merchants Energy Shipping Co (SHSE:601872) Debt-to-Revenue : 0.93 (As of Sep. 2024)


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What is China Merchants Energy Shipping Co Debt-to-Revenue?

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

China Merchants Energy Shipping Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥11,410 Mil. China Merchants Energy Shipping Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥11,134 Mil. China Merchants Energy Shipping Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥24,247 Mil. China Merchants Energy Shipping Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.


China Merchants Energy Shipping Co Debt-to-Revenue Historical Data

The historical data trend for China Merchants Energy Shipping 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.

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China Merchants Energy Shipping Co Debt-to-Revenue Chart

China Merchants Energy Shipping 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 1.39 1.41 1.15 0.92 0.78

China Merchants Energy Shipping Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.84 0.74 0.78 0.79 0.93

Competitive Comparison of China Merchants Energy Shipping Co's Debt-to-Revenue

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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.


China Merchants Energy Shipping Co's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Merchants Energy Shipping Co's Debt-to-Revenue falls into.



China Merchants Energy Shipping Co Debt-to-Revenue Calculation

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

China Merchants Energy Shipping 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
=(7907.284 + 12352.118) / 25881.013
=0.78

China Merchants Energy Shipping Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11409.632 + 11133.865) / 24246.868
=0.93

* 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 (Sep. 2024) Revenue data.


China Merchants Energy Shipping Co Debt-to-Revenue Related Terms

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China Merchants Energy Shipping Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Zhongshan East 1st Road, China Merchants Shipping Bureau Building, Shanghai, CHN, 200126
China Merchants Energy Shipping Co Ltd is a China-based company that engages in tanker transportation, bulk cargo vessel transportation, and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to customers from China, Japan, Korea, Southeast Asia, the United States, and other countries.
Executives
Hu Bin senior management
Deng Wei Dong Director
Wang Yong Xin Directors, senior managers
Xu Hui senior management
Kong Kang senior management
Yan Wu Shan senior management
Su Xin Gang Director
Ding Lei senior management
Xie Chun Lin Director
Song De Xing Director
Lv Sheng Zhou Director

China Merchants Energy Shipping Co Headlines

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