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Jiangxi Geto New Materials (SZSE:300986) Debt-to-Revenue : 1.14 (As of Mar. 2024)


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What is Jiangxi Geto New Materials Debt-to-Revenue?

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

Jiangxi Geto New Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,150 Mil. Jiangxi Geto New Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥907 Mil. Jiangxi Geto New Materials's annualized Revenue for the quarter that ended in Mar. 2024 was ¥1,799 Mil. Jiangxi Geto New Materials's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.14.


Jiangxi Geto New Materials Debt-to-Revenue Historical Data

The historical data trend for Jiangxi Geto New Materials'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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Jiangxi Geto New Materials Debt-to-Revenue Chart

Jiangxi Geto New Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.43 0.55 0.41 0.64 0.89

Jiangxi Geto New Materials 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 0.82 0.65 0.81 0.77 1.14

Competitive Comparison of Jiangxi Geto New Materials's Debt-to-Revenue

For the Building Products & Equipment subindustry, Jiangxi Geto New Materials'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.


Jiangxi Geto New Materials's Debt-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangxi Geto New Materials's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Jiangxi Geto New Materials's Debt-to-Revenue falls into.



Jiangxi Geto New Materials Debt-to-Revenue Calculation

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

Jiangxi Geto New Materials'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
=(1010.051 + 988.186) / 2238.049
=0.89

Jiangxi Geto New Materials'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
=(1149.977 + 907.254) / 1798.792
=1.14

* 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.


Jiangxi Geto New Materials Debt-to-Revenue Related Terms

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Jiangxi Geto New Materials (SZSE:300986) Business Description

Traded in Other Exchanges
N/A
Address
Guangchang Industrial Park, Guangchang County, Jiangxi Province, Fuzhou, CHN, 344900
Jiangxi Geto New Materials Corp Ltd is engaged in the research and development, design, production, sales, lease and corresponding technical guidance of the architectural aluminum mold system. It focuses on aluminum molds, climbing frames, public buildings, and prefabricated building systems.

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