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Jiangsu Cowin Biotech Co (SHSE:688426) Debt-to-Revenue : 0.27 (As of Sep. 2024)


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What is Jiangsu Cowin Biotech Co Debt-to-Revenue?

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

Jiangsu Cowin Biotech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥14.6 Mil. Jiangsu Cowin Biotech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥19.3 Mil. Jiangsu Cowin Biotech Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥124.5 Mil. Jiangsu Cowin Biotech Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.27.


Jiangsu Cowin Biotech Co Debt-to-Revenue Historical Data

The historical data trend for Jiangsu Cowin Biotech 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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Jiangsu Cowin Biotech Co Debt-to-Revenue Chart

Jiangsu Cowin Biotech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.01 0.11 0.12 0.08 0.19

Jiangsu Cowin Biotech Co Quarterly Data
Dec18 Dec19 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 0.28 0.41 0.27 0.23 0.27

Competitive Comparison of Jiangsu Cowin Biotech Co's Debt-to-Revenue

For the Biotechnology subindustry, Jiangsu Cowin Biotech 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.


Jiangsu Cowin Biotech Co's Debt-to-Revenue Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jiangsu Cowin Biotech Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangsu Cowin Biotech Co's Debt-to-Revenue falls into.



Jiangsu Cowin Biotech Co Debt-to-Revenue Calculation

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

Jiangsu Cowin Biotech 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
=(13.646 + 19.307) / 171.341
=0.19

Jiangsu Cowin Biotech 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
=(14.574 + 19.266) / 124.548
=0.27

* 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.


Jiangsu Cowin Biotech Co Debt-to-Revenue Related Terms

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Jiangsu Cowin Biotech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Yaocheng Avenue, 4th Floor, TQB Building, Jiangsu Province, Taizhou, CHN, 225300
Jiangsu Cowin Biotech Co Ltd is a national high-tech enterprise with independent intellectual property rights based in the field of life sciences. It provides innovative biological products and services to in vitro diagnostic users. The product line mainly includes molecular diagnostic raw materials enzymes, nucleic acid collection and protection agents, nucleic acid extraction kits, molecular diagnostic detection reagents and others.
Executives
Yin Jian Feng Director
Zhuang Zhi Hua Directors, senior managers

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