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Langfang Development Co (SHSE:600149) Debt-to-Revenue : 0.24 (As of Dec. 2023)


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What is Langfang Development Co Debt-to-Revenue?

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

Langfang Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥61.4 Mil. Langfang Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥21.1 Mil. Langfang Development Co's annualized Revenue for the quarter that ended in Dec. 2023 was ¥341.8 Mil. Langfang Development Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.


Langfang Development Co Debt-to-Revenue Historical Data

The historical data trend for Langfang Development Co'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.

Langfang Development Co Debt-to-Revenue Chart

Langfang Development Co 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 0.11 0.18 0.31 0.40 0.42

Langfang Development Co 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 0.21 0.26 1.50 1.86 0.24

Competitive Comparison of Langfang Development Co's Debt-to-Revenue

For the Electronics & Computer Distribution subindustry, Langfang Development Co'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.


Langfang Development Co's Debt-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Langfang Development Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Langfang Development Co's Debt-to-Revenue falls into.



Langfang Development Co Debt-to-Revenue Calculation

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

Langfang Development Co'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
=(61.406 + 21.078) / 195.011
=0.42

Langfang Development Co'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
=(61.406 + 21.078) / 341.82
=0.24

* 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.


Langfang Development Co Debt-to-Revenue Related Terms

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Langfang Development Co (SHSE:600149) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Yongfeng Road, Floor 22, Block B, Langfang Development Building, Guangyang District, Hebei Province, Langfang, CHN, 065000
Website
Langfang Development Co Ltd is a China-based company primarily engaged in distribution of electronic products and the provision of network technology services.

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