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Champion Iron (ASX:CIA) Debt-to-Revenue : 0.30 (As of Dec. 2023)


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What is Champion Iron Debt-to-Revenue?

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

Champion Iron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$41 Mil. Champion Iron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$639 Mil. Champion Iron's annualized Revenue for the quarter that ended in Dec. 2023 was A$2,258 Mil. Champion Iron's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.


Champion Iron Debt-to-Revenue Historical Data

The historical data trend for Champion Iron'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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Champion Iron Debt-to-Revenue Chart

Champion Iron Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.36 0.17 0.26 0.40

Champion Iron 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 0.37 0.30 0.45 0.35 0.30

Competitive Comparison of Champion Iron's Debt-to-Revenue

For the Steel subindustry, Champion Iron'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.


Champion Iron's Debt-to-Revenue Distribution in the Steel Industry

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

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



Champion Iron Debt-to-Revenue Calculation

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

Champion Iron's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(44.329 + 571.076) / 1527.327
=0.40

Champion Iron'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
=(41.141 + 639.11) / 2257.888
=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 (Dec. 2023) Revenue data.


Champion Iron Debt-to-Revenue Related Terms

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Champion Iron (ASX:CIA) Business Description

Traded in Other Exchanges
Address
91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates maximum revenue from the Iron Ore Concentrate segment.