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Altech Co (TSE:9972) Debt-to-Revenue : 0.30 (As of Feb. 2024)


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What is Altech Co Debt-to-Revenue?

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

Altech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円3,448 Mil. Altech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円1,473 Mil. Altech Co's annualized Revenue for the quarter that ended in Feb. 2024 was 円16,257 Mil. Altech Co's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 was 0.30.


Altech Co Debt-to-Revenue Historical Data

The historical data trend for Altech 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.

Altech Co Debt-to-Revenue Chart

Altech Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.18 0.19 0.32

Altech Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.23 0.21 0.23 0.28 0.30

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

For the Specialty Industrial Machinery subindustry, Altech 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.


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

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

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



Altech Co Debt-to-Revenue Calculation

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

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4135.661 + 1557.759) / 17832.014
=0.32

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3447.623 + 1472.622) / 16256.864
=0.30

* 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 (Feb. 2024) Revenue data.


Altech Co Debt-to-Revenue Related Terms

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Altech Co (TSE:9972) Business Description

Traded in Other Exchanges
N/A
Address
Sumitomo Irifune Bldg, 2nd Floor, 1-1 Irifune 2-chome, Chuo-ku, Tokyo, JPN, 104-0042
Altech Co Ltd is engaged in purchase and sale of industrial machinery and equipments and related services, manufacture and sale of plastic molded products.The company has two reported segments Wholesale business and Preform business. Wholesale business purchases and sells industrial machinery and equipments and provides related services. Preform business manufactures and sells performs for PET bottles, plastic caps and provides related services.

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