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Beijing Tieke Shougang Railway-Tech Co (SHSE:688569) Debt-to-Revenue : 0.02 (As of Sep. 2024)


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What is Beijing Tieke Shougang Railway-Tech Co Debt-to-Revenue?

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

Beijing Tieke Shougang Railway-Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥4 Mil. Beijing Tieke Shougang Railway-Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥14 Mil. Beijing Tieke Shougang Railway-Tech Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥1,190 Mil. Beijing Tieke Shougang Railway-Tech Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.


Beijing Tieke Shougang Railway-Tech Co Debt-to-Revenue Historical Data

The historical data trend for Beijing Tieke Shougang Railway-Tech 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.

Beijing Tieke Shougang Railway-Tech Co Debt-to-Revenue Chart

Beijing Tieke Shougang Railway-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.06 - 0.03 0.02 0.01

Beijing Tieke Shougang Railway-Tech 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 0.01 0.02 0.01 0.01 0.02

Competitive Comparison of Beijing Tieke Shougang Railway-Tech Co's Debt-to-Revenue

For the Railroads subindustry, Beijing Tieke Shougang Railway-Tech 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.


Beijing Tieke Shougang Railway-Tech Co's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Tieke Shougang Railway-Tech Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Beijing Tieke Shougang Railway-Tech Co's Debt-to-Revenue falls into.



Beijing Tieke Shougang Railway-Tech Co Debt-to-Revenue Calculation

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

Beijing Tieke Shougang Railway-Tech 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
=(3.996 + 13.139) / 1637.259
=0.01

Beijing Tieke Shougang Railway-Tech 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
=(4.136 + 13.597) / 1189.784
=0.01

* 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.


Beijing Tieke Shougang Railway-Tech Co Debt-to-Revenue Related Terms

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Beijing Tieke Shougang Railway-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 24, South Shayang Road, Shahe Town, Changping District, Beijing, CHN, 102206
Beijing Tieke Shougang Railway-Tech Co Ltd is engaged in production and sales of high-speed rail public engineering products with high-speed rail fasteners as the core. The company produces railway fastener systems, low-relaxation prestressed steel rods, prestressed steel wires, bridge supports; general freight; product quality inspection; professional contracting.

Beijing Tieke Shougang Railway-Tech Co Headlines

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