Thrace Plastics Holding and Commercial (ATH:PLAT) Debt-to-Revenue : 0.19 (As of Dec. 2023)

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What is Thrace Plastics Holding and Commercial Debt-to-Revenue?

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

Thrace Plastics Holding and Commercial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €27.7 Mil. Thrace Plastics Holding and Commercial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €29.7 Mil. Thrace Plastics Holding and Commercial's annualized Revenue for the quarter that ended in Dec. 2023 was €302.3 Mil. Thrace Plastics Holding and Commercial's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Thrace Plastics Holding and Commercial Debt-to-Revenue Historical Data

The historical data trend for Thrace Plastics Holding and Commercial'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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Thrace Plastics Holding and Commercial Debt-to-Revenue Chart

Thrace Plastics Holding and Commercial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.35

0.23

0.13

0.16

0.17

Thrace Plastics Holding and Commercial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															0.20	0.15	0.18	0.16	0.19

Competitive Comparison of Thrace Plastics Holding and Commercial's Debt-to-Revenue

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial's Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Debt-to-Revenue falls into.

Thrace Plastics Holding and Commercial Debt-to-Revenue Calculation

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

Thrace Plastics Holding and Commercial'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
	=	(27.695	+	29.675)	/	345.373
	=	0.17

Thrace Plastics Holding and Commercial'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
	=	(27.695	+	29.675)	/	302.34
	=	0.19

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.

Thrace Plastics Holding and Commercial Debt-to-Revenue Related Terms

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Thrace Plastics Holding and Commercial (ATH:PLAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thrace Plastics Holding and Commercial SA (ATH:PLAT) » Definitions » Debt-to-Revenue

Traded in Other Exchanges

TP3:Germany

Address

20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455

Website

https://www.thracegroup.com

Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags, big bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Agricultural sector that involves the production of tomatoes by applying the hydroponic methodology and the utilization and use of geothermal energy.