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Weihai Guangtai Airport Equipment Co (SZSE:002111) Debt-to-Revenue : 0.65 (As of Mar. 2024)


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What is Weihai Guangtai Airport Equipment Co Debt-to-Revenue?

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

Weihai Guangtai Airport Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥722 Mil. Weihai Guangtai Airport Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥762 Mil. Weihai Guangtai Airport Equipment Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥2,271 Mil. Weihai Guangtai Airport Equipment Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.


Weihai Guangtai Airport Equipment Co Debt-to-Revenue Historical Data

The historical data trend for Weihai Guangtai Airport Equipment 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.

Weihai Guangtai Airport Equipment Co Debt-to-Revenue Chart

Weihai Guangtai Airport Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.17 0.19 0.38 0.56

Weihai Guangtai Airport Equipment 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 0.60 0.60 0.61 0.42 0.65

Competitive Comparison of Weihai Guangtai Airport Equipment Co's Debt-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Weihai Guangtai Airport Equipment 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.


Weihai Guangtai Airport Equipment Co's Debt-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Weihai Guangtai Airport Equipment Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Weihai Guangtai Airport Equipment Co's Debt-to-Revenue falls into.



Weihai Guangtai Airport Equipment Co Debt-to-Revenue Calculation

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

Weihai Guangtai Airport Equipment 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
=(589.8 + 752.168) / 2404.426
=0.56

Weihai Guangtai Airport Equipment 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
=(721.625 + 762.124) / 2271.432
=0.65

* 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.


Weihai Guangtai Airport Equipment Co Debt-to-Revenue Related Terms

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Weihai Guangtai Airport Equipment Co (SZSE:002111) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Huanghe Street, Huancui District, Shandong Province, Weihai, CHN, 264200
Weihai Guangtai Airport Equipment Co Ltd is a enaged in the development, design, production, sales, maintenance and related services, technical training, technical consulting, testing, installation and leasing of airport equipment, port equipment, and airborne equipment.
Executives
Jiao Xing Wang Independent director
Li Qin Directors, executives
Li Guang Tai Director
Wang Qing Dong Supervisors
Li Wen Xuan Director
Luo Li Supervisors
Meng Yan Directors, executives
Qiao Zhi Dong Executives
Guo Shao Ping Director
Wang Jun Securities Affairs Representative
Chen Wei Zhong Director

Weihai Guangtai Airport Equipment Co (SZSE:002111) Headlines

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