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FitTech Co (TPE:6706) Debt-to-Revenue : 1.36 (As of Dec. 2024)


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What is FitTech Co Debt-to-Revenue?

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

FitTech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$428.5 Mil. FitTech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$1,557.5 Mil. FitTech Co's annualized Revenue for the quarter that ended in Dec. 2024 was NT$1,464.5 Mil. FitTech Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 was 1.36.


FitTech Co Debt-to-Revenue Historical Data

The historical data trend for FitTech 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.

FitTech Co Debt-to-Revenue Chart

FitTech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.10 0.24 1.38 2.14

FitTech Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.76 2.07 2.66 2.31 1.36

Competitive Comparison of FitTech Co's Debt-to-Revenue

For the Specialty Industrial Machinery subindustry, FitTech 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.


FitTech Co's Debt-to-Revenue Distribution in the Industrial Products Industry

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

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


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FitTech Co Debt-to-Revenue Calculation

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

FitTech Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(428.451 + 1557.451) / 927.875
=2.14

FitTech Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(428.451 + 1557.451) / 1464.536
=1.36

* 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 (Dec. 2024) Revenue data.


FitTech Co Debt-to-Revenue Related Terms

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FitTech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Gongyequ 35th Road, 1st Floor, Hsinchu Industrial Park, Xitun District, Taichung, TWN, 407
FitTech Co Ltd is a Taiwan-based company that mainly focuses on developing optoelectronics such as LED wafer spot measuring and laser integrated application systems. The company offers a wide line of products including LED test systems, laser micro-processing systems, laser metal processing systems, semi-automatic laser cutting systems, handheld laser welding machines, and more. These products are utilized in various industries including optoelectronics, optics-related industries, electronic components, semiconductor, automotive, and manufacturing. The company generates its revenue mainly from engaging in research and development, production, sales of optics testing equipment, laser machining equipment, and OEM optics testing.

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