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Neste OYJ (OHEL:NESTE) Debt-to-Revenue : 0.23 (As of Mar. 2024)


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What is Neste OYJ Debt-to-Revenue?

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

Neste OYJ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €814 Mil. Neste OYJ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,528 Mil. Neste OYJ's annualized Revenue for the quarter that ended in Mar. 2024 was €19,200 Mil. Neste OYJ's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


Neste OYJ Debt-to-Revenue Historical Data

The historical data trend for Neste OYJ'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.

Neste OYJ Debt-to-Revenue Chart

Neste OYJ 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 0.08 0.11 0.12 0.10 0.18

Neste OYJ 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 0.16 0.17 0.15 0.16 0.23

Competitive Comparison of Neste OYJ's Debt-to-Revenue

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's Debt-to-Revenue distribution charts can be found below:

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



Neste OYJ Debt-to-Revenue Calculation

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

Neste OYJ'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
=(581 + 3487) / 22927
=0.18

Neste OYJ'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
=(814 + 3528) / 19200
=0.23

* 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.


Neste OYJ Debt-to-Revenue Related Terms

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Neste OYJ (OHEL:NESTE) Business Description

Address
Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.

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