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Thinca Co (TSE:149A) Debt-to-Revenue : 0.02 (As of Mar. 2024)


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What is Thinca Co Debt-to-Revenue?

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

Thinca Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2.1 Mil. Thinca Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円21.4 Mil. Thinca Co's annualized Revenue for the quarter that ended in Mar. 2024 was 円1,167.9 Mil. Thinca Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.


Thinca Co Debt-to-Revenue Historical Data

The historical data trend for Thinca 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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Thinca Co Debt-to-Revenue Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
0.07 0.05 0.02

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Debt-to-Revenue N/A N/A N/A 0.02 0.02

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

For the Software - Application subindustry, Thinca 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.


Thinca Co's Debt-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Debt-to-Revenue distribution charts can be found below:

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



Thinca Co Debt-to-Revenue Calculation

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

Thinca 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
=(2.1 + 21.875) / 1040.169
=0.02

Thinca 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
=(2.1 + 21.35) / 1167.872
=0.02

* 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.


Thinca Co Debt-to-Revenue Related Terms

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Thinca Co (TSE:149A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

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