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Hokuriku Electric Industry Co (TSE:6989) Debt-to-Revenue : 0.26 (As of Dec. 2023)


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What is Hokuriku Electric Industry Co Debt-to-Revenue?

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

Hokuriku Electric Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,016 Mil. Hokuriku Electric Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円4,854 Mil. Hokuriku Electric Industry Co's annualized Revenue for the quarter that ended in Dec. 2023 was 円41,800 Mil. Hokuriku Electric Industry Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.


Hokuriku Electric Industry Co Debt-to-Revenue Historical Data

The historical data trend for Hokuriku Electric Industry 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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Hokuriku Electric Industry Co Debt-to-Revenue Chart

Hokuriku Electric Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.25 0.29 0.25 0.25

Hokuriku Electric Industry 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 0.27 0.26 0.26 0.26 0.26

Competitive Comparison of Hokuriku Electric Industry Co's Debt-to-Revenue

For the Electronic Components subindustry, Hokuriku Electric Industry 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.


Hokuriku Electric Industry Co's Debt-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where Hokuriku Electric Industry Co's Debt-to-Revenue falls into.



Hokuriku Electric Industry Co Debt-to-Revenue Calculation

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

Hokuriku Electric Industry Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5690 + 5624) / 45459
=0.25

Hokuriku Electric Industry 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
=(6016 + 4854) / 41800
=0.26

* 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.


Hokuriku Electric Industry Co Debt-to-Revenue Related Terms

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Hokuriku Electric Industry Co (TSE:6989) Business Description

Traded in Other Exchanges
N/A
Address
3158 Shimo-okubo, Toyama, JPN, 939-2292
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.

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