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Trip.com Group (WBO:CTRP) Debt-to-Revenue : 0.73 (As of Sep. 2024)


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What is Trip.com Group Debt-to-Revenue?

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

Trip.com Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €3,388 Mil. Trip.com Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,504 Mil. Trip.com Group's annualized Revenue for the quarter that ended in Sep. 2024 was €8,085 Mil. Trip.com Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.73.


Trip.com Group Debt-to-Revenue Historical Data

The historical data trend for Trip.com Group'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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Trip.com Group Debt-to-Revenue Chart

Trip.com Group 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 1.44 3.13 2.58 2.33 1.02

Trip.com Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.93 1.10 1.00 1.18 0.73

Competitive Comparison of Trip.com Group's Debt-to-Revenue

For the Travel Services subindustry, Trip.com Group'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.


Trip.com Group's Debt-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Debt-to-Revenue falls into.



Trip.com Group Debt-to-Revenue Calculation

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

Trip.com Group'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
=(3338.737 + 2514.102) / 5716.32
=1.02

Trip.com Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3387.918 + 2504.49) / 8084.552
=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 (Sep. 2024) Revenue data.


Trip.com Group Debt-to-Revenue Related Terms

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Trip.com Group Business Description

Address
968 Jin Zhong Road, Shanghai, CHN, 200335
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

Trip.com Group Headlines

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