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Gome Telecom Equipment Co (SHSE:600898) Debt-to-Revenue : 8.51 (As of Mar. 2024)


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What is Gome Telecom Equipment Co Debt-to-Revenue?

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

Gome Telecom Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥83.43 Mil. Gome Telecom Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥48.29 Mil. Gome Telecom Equipment Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥15.48 Mil. Gome Telecom Equipment Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 8.51.


Gome Telecom Equipment Co Debt-to-Revenue Historical Data

The historical data trend for Gome Telecom Equipment 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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Gome Telecom Equipment Co Debt-to-Revenue Chart

Gome Telecom Equipment 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 0.81 0.18 0.92 1.37 3.40

Gome Telecom Equipment Co 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 3.10 3.31 3.95 4.31 8.51

Competitive Comparison of Gome Telecom Equipment Co's Debt-to-Revenue

For the Consumer Electronics subindustry, Gome Telecom Equipment 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.


Gome Telecom Equipment Co's Debt-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where Gome Telecom Equipment Co's Debt-to-Revenue falls into.



Gome Telecom Equipment Co Debt-to-Revenue Calculation

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

Gome Telecom Equipment 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
=(77.574 + 55.268) / 39.073
=3.40

Gome Telecom Equipment Co'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
=(83.43 + 48.285) / 15.484
=8.51

* 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.


Gome Telecom Equipment Co Debt-to-Revenue Related Terms

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Gome Telecom Equipment Co (SHSE:600898) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Baotuquan North Road, Lixia District, Shandong Province, Jinan, CHN, 250011
Gome Telecom Equipment Co is a China-based company. Its main business activities include the development, production, and sales of intelligent mobile terminals, communications, and other electronic equipment manufacturing. Products offered by the company include private-label mobile phones, original design manufacturer (ODM) mobile communication devices and ODM mobile communication motherboards. The company also design, produce and sell mobile phones under its brand Gome mobile phones.

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