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Weihai Huadong Automation Co (SZSE:002248) Debt-to-Revenue : 0.38 (As of Sep. 2024)


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What is Weihai Huadong Automation Co Debt-to-Revenue?

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

Weihai Huadong Automation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥92.5 Mil. Weihai Huadong Automation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥35.2 Mil. Weihai Huadong Automation Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥333.0 Mil. Weihai Huadong Automation Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.


Weihai Huadong Automation Co Debt-to-Revenue Historical Data

The historical data trend for Weihai Huadong Automation 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 Huadong Automation Co Debt-to-Revenue Chart

Weihai Huadong Automation 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 0.93 0.71 0.33 0.55 0.53

Weihai Huadong Automation 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 0.47 0.69 0.46 0.40 0.38

Competitive Comparison of Weihai Huadong Automation Co's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, Weihai Huadong Automation 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 Huadong Automation Co's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weihai Huadong Automation Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Weihai Huadong Automation Co's Debt-to-Revenue falls into.



Weihai Huadong Automation Co Debt-to-Revenue Calculation

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

Weihai Huadong Automation 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
=(112.545 + 34.01) / 279.343
=0.52

Weihai Huadong Automation 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
=(92.545 + 35.201) / 333.028
=0.38

* 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.


Weihai Huadong Automation Co Debt-to-Revenue Related Terms

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Weihai Huadong Automation Co Business Description

Traded in Other Exchanges
N/A
Address
No. 305 Huoju Road, High Technology Industrial Development Zone, Weihai, Shandong, CHN, 264209
Weihai Huadong Automation Co Ltd operates in the general equipment manufacturing industry. The company is engaged in an ordinary machine tool manufacturing business. The products of the company include CNC gantry milling and boring machine which include fixed beam fixed column, fixed beam moving a column, and moving beam moving the column, CNC floor boring and milling machine series, CNC vertical lathe, and horizontal machining center.
Executives
Zhao Su Xia Director
Lian Xiao Ming Director
Tang Xu Wei Executives
Liu Xu Hui Supervisors
Liu Bo Zhe Director
Tang Shi Xian Director
Gao He Ming Executives
Li Zhuang Directors, executives
Liu Chuan Jin Executives

Weihai Huadong Automation Co Headlines

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