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Change Holdings (TSE:3962) Debt-to-Revenue : 0.73 (As of Mar. 2024)


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What is Change Holdings Debt-to-Revenue?

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

Change Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円4,285 Mil. Change Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円19,733 Mil. Change Holdings's annualized Revenue for the quarter that ended in Mar. 2024 was 円32,864 Mil. Change Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.73.


Change Holdings Debt-to-Revenue Historical Data

The historical data trend for Change Holdings'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.

Change Holdings Debt-to-Revenue Chart

Change Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.53 0.26 0.11 0.17 0.65

Change Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.17 0.09 0.40 0.73

Competitive Comparison of Change Holdings's Debt-to-Revenue

For the Information Technology Services subindustry, Change Holdings'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.


Change Holdings's Debt-to-Revenue Distribution in the Software Industry

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

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



Change Holdings Debt-to-Revenue Calculation

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

Change Holdings's Debt-to-Revenue for the fiscal year 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
=(4285 + 19733) / 37014
=0.65

Change Holdings'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
=(4285 + 19733) / 32864
=0.73

* 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.


Change Holdings Debt-to-Revenue Related Terms

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Change Holdings (TSE:3962) Business Description

Traded in Other Exchanges
N/A
Address
3-17-1 Toranomon, 6th Floor, TOKYU REIT Toranomon Building, Minato-ku, Tokyo, JPN, 105-0001
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.

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