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Zhejiang Risun Intelligent Technology Co (SHSE:688215) Debt-to-Revenue : 0.32 (As of Mar. 2024)


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What is Zhejiang Risun Intelligent Technology Co Debt-to-Revenue?

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

Zhejiang Risun Intelligent Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥102.2 Mil. Zhejiang Risun Intelligent Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.7 Mil. Zhejiang Risun Intelligent Technology Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥323.3 Mil. Zhejiang Risun Intelligent Technology Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.


Zhejiang Risun Intelligent Technology Co Debt-to-Revenue Historical Data

The historical data trend for Zhejiang Risun Intelligent Technology 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 Risun Intelligent Technology Co Debt-to-Revenue Chart

Zhejiang Risun Intelligent Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.10 0.22 0.18 0.22

Zhejiang Risun Intelligent Technology 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 0.20 0.19 0.24 0.17 0.32

Competitive Comparison of Zhejiang Risun Intelligent Technology Co's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, Zhejiang Risun Intelligent Technology 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 Risun Intelligent Technology Co's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Risun Intelligent Technology Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Zhejiang Risun Intelligent Technology Co's Debt-to-Revenue falls into.



Zhejiang Risun Intelligent Technology Co Debt-to-Revenue Calculation

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

Zhejiang Risun Intelligent Technology 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
=(81.044 + 1.821) / 372.163
=0.22

Zhejiang Risun Intelligent Technology 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
=(102.221 + 1.702) / 323.308
=0.32

* 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 Risun Intelligent Technology Co Debt-to-Revenue Related Terms

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Zhejiang Risun Intelligent Technology Co (SHSE:688215) Business Description

Traded in Other Exchanges
N/A
Address
Room 4-18, No. 6, Jingyuan Road, Ningbo High-tech Zone, Zhejiang Province, Ningbo, CHN, 315040
Zhejiang Risun Intelligent Technology Co Ltd is engaged in production and sales of intelligent material transfer, automated production, automated storage, automated sorting and logistics systems in industrial production. The company's main products are intelligent suspension production system, intelligent suspension warehouse sorting system, plane logistics transportation system, intelligent intersection pallet sorting machine, intelligent stereo storage system, real time data acquisition system and intelligent mobile robot (AGV), MES, WMS and other automated production equipment and logistics equipment, that are mainly applied to clothing, home textile, home, auto parts, cases, bags, shoes, baby carrier, electric business, logistics, warehousing, washing, and other industries.

Zhejiang Risun Intelligent Technology Co (SHSE:688215) Headlines

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