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Miracll Chemicals Co (SZSE:300848) Debt-to-Revenue : 0.70 (As of Sep. 2024)


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What is Miracll Chemicals Co Debt-to-Revenue?

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

Miracll Chemicals Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥238 Mil. Miracll Chemicals Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥968 Mil. Miracll Chemicals Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥1,729 Mil. Miracll Chemicals Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.70.


Miracll Chemicals Co Debt-to-Revenue Historical Data

The historical data trend for Miracll Chemicals 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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Miracll Chemicals Co Debt-to-Revenue Chart

Miracll Chemicals 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 - 0.01 0.02 0.09 0.48

Miracll Chemicals 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 0.32 0.50 0.59 0.64 0.70

Competitive Comparison of Miracll Chemicals Co's Debt-to-Revenue

For the Specialty Chemicals subindustry, Miracll Chemicals 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.


Miracll Chemicals Co's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Miracll Chemicals Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Miracll Chemicals Co's Debt-to-Revenue falls into.


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Miracll Chemicals Co Debt-to-Revenue Calculation

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

Miracll Chemicals 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
=(98.881 + 610.254) / 1475.145
=0.48

Miracll Chemicals 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
=(237.932 + 967.532) / 1728.524
=0.70

* 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.


Miracll Chemicals Co Debt-to-Revenue Related Terms

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Miracll Chemicals Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Changsha Street, Development Zone, Shandong Province, Yantai, CHN, 264006
Miracll Chemicals Co Ltd is engaged in production and sales of thermoplastic polyurethane elastomer (TPU). The company's products include Mirathane E; M; L;C; H; A; F; S; V; I; G series; Mirathane Modified; PEBA Series; PBA series; PEA series; and PHA Series.
Executives
Ren Guang Lei Director
Zhang Sheng Directors, executives

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