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Luohe Letone Hydraulics Technology Co (BJSE:832225) Debt-to-Revenue : 0.05 (As of Mar. 2024)


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What is Luohe Letone Hydraulics Technology Co Debt-to-Revenue?

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

Luohe Letone Hydraulics Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8.1 Mil. Luohe Letone Hydraulics Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.3 Mil. Luohe Letone Hydraulics Technology Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥403.6 Mil. Luohe Letone Hydraulics Technology Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


Luohe Letone Hydraulics Technology Co Debt-to-Revenue Historical Data

The historical data trend for Luohe Letone Hydraulics Technology 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.

* Premium members only.

Luohe Letone Hydraulics Technology Co Debt-to-Revenue Chart

Luohe Letone Hydraulics Technology Co 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 0.20 0.21 0.09 0.01 0.03

Luohe Letone Hydraulics Technology Co Quarterly Data
Dec18 Jun19 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 0.01 - 0.04 0.03 0.05

Competitive Comparison of Luohe Letone Hydraulics Technology Co's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Luohe Letone Hydraulics Technology 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.


Luohe Letone Hydraulics Technology Co's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Luohe Letone Hydraulics Technology Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Luohe Letone Hydraulics Technology Co's Debt-to-Revenue falls into.



Luohe Letone Hydraulics Technology Co Debt-to-Revenue Calculation

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

Luohe Letone Hydraulics Technology Co'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
=(8.123 + 8.505) / 485.4
=0.03

Luohe Letone Hydraulics Technology Co'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
=(8.059 + 10.341) / 403.64
=0.05

* 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.


Luohe Letone Hydraulics Technology Co Debt-to-Revenue Related Terms

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Luohe Letone Hydraulics Technology Co (BJSE:832225) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Dongfanghong Road, National Luohe Economic and Technological Development Zone, Henan Province, Luohe City, CHN, 462000
Luohe Letone Hydraulics Technology Co Ltd is engaged in research and development, production, and sales of rubber hydraulic hoses. It is focused on polymer material blending, polymer material modification, hydraulic hoses, oil drilling hoses, fracturing hoses, rubber-plastic composite hoses, ultra-high pressure resin hoses, and fluid connections. It provides high-efficiency solutions for fluid transportation, high-performance solutions for polymer material blends, and high-efficiency transportation for shale oil and gas stimulation and acid fracturing pipelines.

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