Virnect Co (XKRX:438700) Debt-to-Revenue : 0.90 (As of Dec. 2024)

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What is Virnect Co Debt-to-Revenue?

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

Virnect Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩6,321 Mil. Virnect Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩964 Mil. Virnect Co's annualized Revenue for the quarter that ended in Dec. 2024 was ₩8,123 Mil. Virnect Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2024 was 0.90.

Virnect Co Debt-to-Revenue Historical Data

The historical data trend for Virnect 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.

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Virnect Co Debt-to-Revenue Chart

Virnect Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Revenue

1.94

1.77

1.17

1.58

Virnect Co Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Revenue	Get a 7-Day Free Trial							0.51	2.00	2.71	2.01	0.90

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

For the Software - Application subindustry, Virnect 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.

Virnect Co's Debt-to-Revenue Distribution in the Software Industry

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

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

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Virnect Co Debt-to-Revenue Calculation

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

Virnect Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(6320.912	+	964.367)	/	4599.199
	=	1.58

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

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(6320.912	+	964.367)	/	8123.16
	=	0.90

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. 2024) Revenue data.

Virnect Co Debt-to-Revenue Related Terms

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Virnect Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Virnect Co Ltd (XKRX:438700) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

10-15, Hangang-daero 7-gil, Vernect Experience Center, Yongsan-gu, Seoul, KOR

Website

https://www.virnect.com

Virnect Co Ltd is a technology company that leads XR technology trends and specializes in developing XR solutions that can solve problems in the industrial field. It provides products and services for 3D real-time visualization, virtual and augmented reality, remote monitoring and operation, and telecommunication access. Its product offering comprises VIRNECT Remote, VIRNECT Make, VIRNECT View, VIRNECT Twin, VIRNECT Track, and XR Devices.

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