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Tsingtao Brewery Co (SHSE:600600) Debt-to-Revenue : 0.01 (As of Dec. 2023)


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What is Tsingtao Brewery Co Debt-to-Revenue?

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

Tsingtao Brewery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥50 Mil. Tsingtao Brewery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥63 Mil. Tsingtao Brewery Co's annualized Revenue for the quarter that ended in Dec. 2023 was ¥11,834 Mil. Tsingtao Brewery Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Tsingtao Brewery Co Debt-to-Revenue Historical Data

The historical data trend for Tsingtao Brewery 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.

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Tsingtao Brewery Co Debt-to-Revenue Chart

Tsingtao Brewery 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 0.01 0.03 0.01 0.01 -

Tsingtao Brewery 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 0.03 0.01 - - 0.01

Competitive Comparison of Tsingtao Brewery Co's Debt-to-Revenue

For the Beverages - Brewers subindustry, Tsingtao Brewery 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.


Tsingtao Brewery Co's Debt-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Debt-to-Revenue distribution charts can be found below:

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



Tsingtao Brewery Co Debt-to-Revenue Calculation

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

Tsingtao Brewery 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
=(50.25 + 63.393) / 33936.523
=0.00

Tsingtao Brewery 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
=(50.25 + 63.393) / 11833.9
=0.01

* 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.


Tsingtao Brewery Co Debt-to-Revenue Related Terms

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Tsingtao Brewery Co (SHSE:600600) Business Description

Traded in Other Exchanges
Address
No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (SHSE:600600) Headlines

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