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ADNOC Gas (ADX:ADNOCGAS) Debt-to-Revenue : 0.03 (As of Dec. 2023)


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What is ADNOC Gas Debt-to-Revenue?

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

ADNOC Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ1,871 Mil. ADNOC Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ104 Mil. ADNOC Gas's annualized Revenue for the quarter that ended in Dec. 2023 was د.إ65,766 Mil. ADNOC Gas's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


ADNOC Gas Debt-to-Revenue Historical Data

The historical data trend for ADNOC Gas'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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ADNOC Gas Debt-to-Revenue Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23
Debt-to-Revenue
N/A - 0.03

ADNOC Gas Semi-Annual Data
Dec20 Dec21 Dec23
Debt-to-Revenue N/A - 0.03

Competitive Comparison of ADNOC Gas's Debt-to-Revenue

For the Oil & Gas Integrated subindustry, ADNOC Gas'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.


ADNOC Gas's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Gas's Debt-to-Revenue distribution charts can be found below:

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



ADNOC Gas Debt-to-Revenue Calculation

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

ADNOC Gas'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
=(1870.815 + 104.039) / 65766.218
=0.03

ADNOC Gas'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
=(1870.815 + 104.039) / 65766.218
=0.03

* 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 one times the quarterly (Dec. 2023) Revenue data.


ADNOC Gas Debt-to-Revenue Related Terms

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ADNOC Gas (ADX:ADNOCGAS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Corniche Road West, P.O. Box 898, Abu Dhabi, ARE
ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

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