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Matrix IT (XTAE:MTRX) Debt-to-Revenue : 0.22 (As of Dec. 2023)


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What is Matrix IT Debt-to-Revenue?

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

Matrix IT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪597 Mil. Matrix IT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪575 Mil. Matrix IT's annualized Revenue for the quarter that ended in Dec. 2023 was ₪5,283 Mil. Matrix IT's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.


Matrix IT Debt-to-Revenue Historical Data

The historical data trend for Matrix IT'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.

Matrix IT Debt-to-Revenue Chart

Matrix IT 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 0.28 0.26 0.24 0.30 0.22

Matrix IT 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 0.29 0.27 0.26 0.24 0.22

Competitive Comparison of Matrix IT's Debt-to-Revenue

For the Software - Application subindustry, Matrix IT'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.


Matrix IT's Debt-to-Revenue Distribution in the Software Industry

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

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



Matrix IT Debt-to-Revenue Calculation

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

Matrix IT'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
=(597.222 + 574.764) / 5232.105
=0.22

Matrix IT'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
=(597.222 + 574.764) / 5282.76
=0.22

* 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.


Matrix IT Debt-to-Revenue Related Terms

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Matrix IT (XTAE:MTRX) Business Description

Traded in Other Exchanges
N/A
Address
3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.

Matrix IT (XTAE:MTRX) Headlines

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