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Topdanmark A/S (OCSE:TOP) Debt-to-Revenue : 0.21 (As of Mar. 2024)


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What is Topdanmark A/S Debt-to-Revenue?

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

Topdanmark A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Topdanmark A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,454 Mil. Topdanmark A/S's annualized Revenue for the quarter that ended in Mar. 2024 was kr11,532 Mil. Topdanmark A/S's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.


Topdanmark A/S Debt-to-Revenue Historical Data

The historical data trend for Topdanmark A/S'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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Topdanmark A/S Debt-to-Revenue Chart

Topdanmark A/S 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 0.13 0.18 0.51 0.24 0.20

Topdanmark A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.20 0.19 0.20 0.17 0.21

Competitive Comparison of Topdanmark A/S's Debt-to-Revenue

For the Insurance - Diversified subindustry, Topdanmark A/S'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.


Topdanmark A/S's Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Topdanmark A/S's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Topdanmark A/S's Debt-to-Revenue falls into.



Topdanmark A/S Debt-to-Revenue Calculation

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

Topdanmark A/S'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
=(0 + 2051) / 10400
=0.20

Topdanmark A/S's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 2454) / 11532
=0.21

* 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 (Mar. 2024) Revenue data.


Topdanmark A/S Debt-to-Revenue Related Terms

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Topdanmark A/S (OCSE:TOP) Business Description

Traded in Other Exchanges
Address
Borupvang 4, Ballerup, DNK, DK-2750
Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.