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Mullen Group (TSX:MTL) Debt-to-Revenue : 0.43 (As of Mar. 2024)


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What is Mullen Group Debt-to-Revenue?

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

Mullen Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$362 Mil. Mullen Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$425 Mil. Mullen Group's annualized Revenue for the quarter that ended in Mar. 2024 was C$1,850 Mil. Mullen Group's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.


Mullen Group Debt-to-Revenue Historical Data

The historical data trend for Mullen Group'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.

Mullen Group Debt-to-Revenue Chart

Mullen Group 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 0.48 0.52 0.50 0.36 0.38

Mullen Group 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 0.38 0.41 0.40 0.38 0.43

Competitive Comparison of Mullen Group's Debt-to-Revenue

For the Trucking subindustry, Mullen Group'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.


Mullen Group's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mullen Group's Debt-to-Revenue falls into.



Mullen Group Debt-to-Revenue Calculation

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

Mullen Group'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
=(342.174 + 421.91) / 1994.721
=0.38

Mullen Group'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
=(362.332 + 424.549) / 1850.34
=0.43

* 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.


Mullen Group Debt-to-Revenue Related Terms

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Mullen Group (TSX:MTL) Business Description

Traded in Other Exchanges
Address
121A - 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, Specialized & Industrial Services warehousing and logistics, U..S. and International Logistics, and Corporate. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.

Mullen Group (TSX:MTL) Headlines