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Qingdao Gaoce Technology Co (SHSE:688556) Debt-to-Revenue : 0.22 (As of Sep. 2024)


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What is Qingdao Gaoce Technology Co Debt-to-Revenue?

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

Qingdao Gaoce Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥203 Mil. Qingdao Gaoce Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥488 Mil. Qingdao Gaoce Technology Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥3,142 Mil. Qingdao Gaoce Technology Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.22.


Qingdao Gaoce Technology Co Debt-to-Revenue Historical Data

The historical data trend for Qingdao Gaoce 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.

Qingdao Gaoce Technology Co Debt-to-Revenue Chart

Qingdao Gaoce 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 0.17 0.23 0.08 0.13 0.10

Qingdao Gaoce Technology 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 0.09 0.08 0.11 0.13 0.22

Competitive Comparison of Qingdao Gaoce Technology Co's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, Qingdao Gaoce 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.


Qingdao Gaoce Technology Co's Debt-to-Revenue Distribution in the Industrial Products Industry

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

* The bar in red indicates where Qingdao Gaoce Technology Co's Debt-to-Revenue falls into.



Qingdao Gaoce Technology Co Debt-to-Revenue Calculation

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

Qingdao Gaoce 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
=(136.405 + 497.759) / 6183.894
=0.10

Qingdao Gaoce Technology 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
=(203.015 + 488.059) / 3141.676
=0.22

* 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.


Qingdao Gaoce Technology Co Debt-to-Revenue Related Terms

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Qingdao Gaoce Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.66 Huoju Zhilu, High-tech Industrial Development Zone, Shandong Province, Qingdao, CHN, 266114
Qingdao Gaoce Technology Co Ltd is engaged in the research and development, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.
Executives
Duan Jing Bo Core technical personnel
Yu Wen Bo Supervisors
Wang Mu Ya Directors, senior managers
Zhang Lu Core technical personnel
Zhang Xiu Tao Directors, senior managers
Li Xue Yu Directors, senior managers
Yu Qun Core technical personnel
Xing Xu Core technical personnel
Jiang Shu Ming Director
Zhang Xu Director, core technical staff
Chou Jian Core technical personnel

Qingdao Gaoce Technology Co Headlines

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