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Comtec Solar Systems Group (HKSE:00712) Debt-to-Revenue : 0.33 (As of Dec. 2023)


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What is Comtec Solar Systems Group Debt-to-Revenue?

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

Comtec Solar Systems Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$44.0 Mil. Comtec Solar Systems Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$50.1 Mil. Comtec Solar Systems Group's annualized Revenue for the quarter that ended in Dec. 2023 was HK$282.7 Mil. Comtec Solar Systems Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.


Comtec Solar Systems Group Debt-to-Revenue Historical Data

The historical data trend for Comtec Solar Systems Group'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.

Comtec Solar Systems Group Debt-to-Revenue Chart

Comtec Solar Systems Group 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 2.62 4.92 3.72 2.79 0.60

Comtec Solar Systems Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 22.72 2.52 2.57 2.54 0.33

Competitive Comparison of Comtec Solar Systems Group's Debt-to-Revenue

For the Solar subindustry, Comtec Solar Systems Group'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.


Comtec Solar Systems Group's Debt-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Comtec Solar Systems Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Comtec Solar Systems Group's Debt-to-Revenue falls into.



Comtec Solar Systems Group Debt-to-Revenue Calculation

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

Comtec Solar Systems Group'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
=(43.999 + 50.064) / 158.21
=0.59

Comtec Solar Systems Group'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
=(43.999 + 50.064) / 282.666
=0.33

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


Comtec Solar Systems Group Debt-to-Revenue Related Terms

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Comtec Solar Systems Group (HKSE:00712) Business Description

Traded in Other Exchanges
Address
No. 2, Hongyang Road, Tianning District, Jiangsu Province, Changzhou, CHN
Comtec Solar Systems Group Ltd is an investment holding company. The company is engaged in operations of rooftop distributed power generation projects in industrial, commercial and residential buildings and in sales of lithium battery power storage systems businesses for electric vehicles and power storage customers. It also involves consulting services for the investment, development, construction and operation of solar photovoltaic power stations. Its segments are Monocrystalline and solar products and Solar and power storage products.

Comtec Solar Systems Group (HKSE:00712) Headlines

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