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Corsa Coal (TSXV:CSO) Debt-to-Revenue : 0.16 (As of Mar. 2024)


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What is Corsa Coal Debt-to-Revenue?

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

Corsa Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$8.6 Mil. Corsa Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$22.8 Mil. Corsa Coal's annualized Revenue for the quarter that ended in Mar. 2024 was C$194.9 Mil. Corsa Coal's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.


Corsa Coal Debt-to-Revenue Historical Data

The historical data trend for Corsa Coal'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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Corsa Coal Debt-to-Revenue Chart

Corsa Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.30 0.25 0.19 0.11

Corsa Coal 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 0.16 0.14 0.16 0.13 0.16

Competitive Comparison of Corsa Coal's Debt-to-Revenue

For the Coking Coal subindustry, Corsa Coal'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.


Corsa Coal's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corsa Coal's Debt-to-Revenue distribution charts can be found below:

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



Corsa Coal Debt-to-Revenue Calculation

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

Corsa Coal'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
=(2.022 + 27.043) / 264.478
=0.11

Corsa Coal'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
=(8.612 + 22.789) / 194.852
=0.16

* 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.


Corsa Coal Debt-to-Revenue Related Terms

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Corsa Coal (TSXV:CSO) Business Description

Traded in Other Exchanges
Address
1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments.
Executives
Alan Michael De'ath Director

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