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Spirit Technology Solutions (ASX:ST1) Debt-to-Revenue : 0.28 (As of Dec. 2023)


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What is Spirit Technology Solutions Debt-to-Revenue?

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

Spirit Technology Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2.0 Mil. Spirit Technology Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$29.8 Mil. Spirit Technology Solutions's annualized Revenue for the quarter that ended in Dec. 2023 was A$114.0 Mil. Spirit Technology Solutions's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.


Spirit Technology Solutions Debt-to-Revenue Historical Data

The historical data trend for Spirit Technology Solutions'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.

Spirit Technology Solutions Debt-to-Revenue Chart

Spirit Technology Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.14 0.14 0.12 0.23

Spirit Technology Solutions Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.22 0.12 0.15 0.25 0.28

Competitive Comparison of Spirit Technology Solutions's Debt-to-Revenue

For the Telecom Services subindustry, Spirit Technology Solutions'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.


Spirit Technology Solutions's Debt-to-Revenue Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spirit Technology Solutions's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Spirit Technology Solutions's Debt-to-Revenue falls into.



Spirit Technology Solutions Debt-to-Revenue Calculation

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

Spirit Technology Solutions's Debt-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(6.771 + 22.673) / 127.114
=0.23

Spirit Technology Solutions'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
=(1.952 + 29.76) / 114.012
=0.28

* 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 two times the quarterly (Dec. 2023) Revenue data.


Spirit Technology Solutions Debt-to-Revenue Related Terms

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Spirit Technology Solutions (ASX:ST1) Business Description

Traded in Other Exchanges
N/A
Address
19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205
Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

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