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Cowealth Medical China Co (SHSE:603122) Debt-to-Revenue : 0.14 (As of Mar. 2024)


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What is Cowealth Medical China Co Debt-to-Revenue?

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

Cowealth Medical China Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥124 Mil. Cowealth Medical China Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5 Mil. Cowealth Medical China Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥954 Mil. Cowealth Medical China Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.13.


Cowealth Medical China Co Debt-to-Revenue Historical Data

The historical data trend for Cowealth Medical China 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.

Cowealth Medical China Co Debt-to-Revenue Chart

Cowealth Medical China Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.08 0.12 0.11 0.06 0.07

Cowealth Medical China Co Quarterly Data
Dec17 Dec18 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 0.11 0.17 0.17 0.07 0.14

Competitive Comparison of Cowealth Medical China Co's Debt-to-Revenue

For the Diagnostics & Research subindustry, Cowealth Medical China 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.


Cowealth Medical China Co's Debt-to-Revenue Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Cowealth Medical China Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Cowealth Medical China Co's Debt-to-Revenue falls into.



Cowealth Medical China Co Debt-to-Revenue Calculation

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

Cowealth Medical China 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
=(66.508 + 5.687) / 1092.602
=0.07

Cowealth Medical China 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
=(124.022 + 4.579) / 954.488
=0.13

* 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.


Cowealth Medical China Co Debt-to-Revenue Related Terms

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Cowealth Medical China Co (SHSE:603122) Business Description

Traded in Other Exchanges
N/A
Address
No. 1001 Qinzhou North Road, 21st Floor, Building 12, Xuhui District, Shanghai, CHN, 200131
Cowealth Medical China Co Ltd operates as a diagnostic clinical laboratory company. It has introduced radiation oncology technology into the market.
Executives
Wang Qiong Zhi Directors, senior managers

Cowealth Medical China Co (SHSE:603122) Headlines

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