ReadCloud (ASX:RCL) Debt-to-Revenue : 0.05 (As of Sep. 2023)

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What is ReadCloud Debt-to-Revenue?

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

ReadCloud's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.13 Mil. ReadCloud's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.09 Mil. ReadCloud's annualized Revenue for the quarter that ended in Sep. 2023 was A$4.16 Mil. ReadCloud's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 0.05.

ReadCloud Debt-to-Revenue Historical Data

The historical data trend for ReadCloud'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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ReadCloud Debt-to-Revenue Chart

ReadCloud Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Sep22

Sep23

Debt-to-Revenue

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0.05

0.11

0.05

0.02

ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Debt-to-Revenue	Get a 7-Day Free Trial						0.10	0.01	N/A	0.02	0.05

Competitive Comparison of ReadCloud's Debt-to-Revenue

For the Software - Application subindustry, ReadCloud'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.

ReadCloud's Debt-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, ReadCloud's Debt-to-Revenue distribution charts can be found below:

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

ReadCloud Debt-to-Revenue Calculation

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

ReadCloud's Debt-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.131	+	0.092)	/	10.349
	=	0.02

ReadCloud's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.131	+	0.092)	/	4.158
	=	0.05

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 two times the quarterly (Sep. 2023) Revenue data.

ReadCloud Debt-to-Revenue Related Terms

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ReadCloud (ASX:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadCloud Ltd (ASX:RCL) » Definitions » Debt-to-Revenue

Comparable Companies

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Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.