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Parkit Enterprise (TSXV:PKT) Debt-to-Revenue : 6.35 (As of Dec. 2023)


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What is Parkit Enterprise Debt-to-Revenue?

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

Parkit Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Parkit Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$168.44 Mil. Parkit Enterprise's annualized Revenue for the quarter that ended in Dec. 2023 was C$26.54 Mil. Parkit Enterprise's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 6.35.


Parkit Enterprise Debt-to-Revenue Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Debt-to-Revenue Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - N/A 2.96 6.90 7.28

Parkit Enterprise Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 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 5.58 10.94 6.32 6.21 6.35

Competitive Comparison of Parkit Enterprise's Debt-to-Revenue

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Debt-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Debt-to-Revenue distribution charts can be found below:

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



Parkit Enterprise Debt-to-Revenue Calculation

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

Parkit Enterprise'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
=(0 + 168.436) / 23.126
=7.28

Parkit Enterprise'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
=(0 + 168.436) / 26.536
=6.35

* 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.


Parkit Enterprise Debt-to-Revenue Related Terms

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Parkit Enterprise (TSXV:PKT) Business Description

Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

Parkit Enterprise (TSXV:PKT) Headlines

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