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Verite Co (TSE:9904) Debt-to-Revenue : 0.18 (As of Dec. 2023)


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What is Verite Co Debt-to-Revenue?

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

Verite Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,500 Mil. Verite Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Verite Co's annualized Revenue for the quarter that ended in Dec. 2023 was 円8,316 Mil. Verite Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.


Verite Co Debt-to-Revenue Historical Data

The historical data trend for Verite 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.

Verite Co Debt-to-Revenue Chart

Verite Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.14 0.15 0.21 0.13

Verite Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.12 0.15 0.20 0.18

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

For the Luxury Goods subindustry, Verite 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.


Verite Co's Debt-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Debt-to-Revenue distribution charts can be found below:

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



Verite Co Debt-to-Revenue Calculation

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

Verite Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1000 + 0) / 7617
=0.13

Verite Co's annualized Debt-to-Revenue for the quarter 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
=(1500 + 0) / 8316
=0.18

* 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. 2023) Revenue data.


Verite Co Debt-to-Revenue Related Terms

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Verite Co (TSE:9904) Business Description

Traded in Other Exchanges
N/A
Address
Tsuruya-machi 3 - chome 33 - 8, Yokohama-shi Kanagawa-ku, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing, and renovation.

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