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Reach Machinery Co (SZSE:301596) Debt-to-Revenue : 0.11 (As of Sep. 2024)


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What is Reach Machinery Co Debt-to-Revenue?

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

Reach Machinery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥41.7 Mil. Reach Machinery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥24.9 Mil. Reach Machinery Co's annualized Revenue for the quarter that ended in Sep. 2024 was ¥588.8 Mil. Reach Machinery Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.11.


Reach Machinery Co Debt-to-Revenue Historical Data

The historical data trend for Reach Machinery 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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Reach Machinery Co Debt-to-Revenue Chart

Reach Machinery Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
0.22 0.22 0.19 0.20 0.11

Reach Machinery Co Quarterly Data
Dec19 Dec20 Dec21 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 - 0.11 0.15 0.10 0.11

Competitive Comparison of Reach Machinery Co's Debt-to-Revenue

For the Auto Parts subindustry, Reach Machinery 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.


Reach Machinery Co's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Reach Machinery Co's Debt-to-Revenue distribution charts can be found below:

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



Reach Machinery Co Debt-to-Revenue Calculation

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

Reach Machinery 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
=(40.835 + 24.9) / 585.184
=0.11

Reach Machinery 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
=(41.727 + 24.9) / 588.82
=0.11

* 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.


Reach Machinery Co Debt-to-Revenue Related Terms

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Reach Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 909, Section 4, Middle Xihangang Avenue, Shuangliu District, Sichuan Province, Chengdu, CHN, 610207
Reach Machinery Co Ltd is engaged in the research and development, production and sales of key components for automation equipment transmission and braking systems. Its products include electromagnetic brakes that include spring-loaded brakes, permanent magnet brakes, electric brakes, and other types. Harmonic reducer that includes Cup-RCSD, Top Hat-RHSD, Cup-RCSG, etc. Planetary Roller Screw, Expansion Sleeve and Shrinking Disc.

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