Tat Hong Equipment Service Co (HKSE:02153) Debt-to-Revenue : 1.63 (As of Sep. 2023)

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What is Tat Hong Equipment Service Co Debt-to-Revenue?

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

Tat Hong Equipment Service Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$495.0 Mil. Tat Hong Equipment Service Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$760.4 Mil. Tat Hong Equipment Service Co's annualized Revenue for the quarter that ended in Sep. 2023 was HK$769.4 Mil. Tat Hong Equipment Service Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 1.63.

Tat Hong Equipment Service Co Debt-to-Revenue Historical Data

The historical data trend for Tat Hong Equipment Service 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.

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Tat Hong Equipment Service Co Debt-to-Revenue Chart

Tat Hong Equipment Service Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Revenue

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0.89

0.83

0.69

0.81

1.38

Tat Hong Equipment Service Co Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Revenue	Get a 7-Day Free Trial					0.74	0.78	1.17	1.39	1.63

Competitive Comparison of Tat Hong Equipment Service Co's Debt-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Tat Hong Equipment Service 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.

Tat Hong Equipment Service Co's Debt-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tat Hong Equipment Service Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tat Hong Equipment Service Co's Debt-to-Revenue falls into.

Tat Hong Equipment Service Co Debt-to-Revenue Calculation

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

Tat Hong Equipment Service Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(457.804	+	757.41)	/	877.883
	=	1.38

Tat Hong Equipment Service Co'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
	=	(494.974	+	760.396)	/	769.406
	=	1.63

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.

Tat Hong Equipment Service Co Debt-to-Revenue Related Terms

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Tat Hong Equipment Service Co (HKSE:02153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tat Hong Equipment Service Co Ltd (HKSE:02153) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2377, Shenkun Road, Room 601, Building 8, PortMix, Minhang District, Shanghai, CHN, 201106

Website

https://www.tathongchina.com

Tat Hong Equipment Service Co Ltd is engaged in the business of providing tower crane services. The company provides one-stop tower crane solution services from consultation, technical design, commissioning, and construction to after-sales services. Its segments include namely infrastructure, clean energy, traditional energy, public and plant construction, commercial and residential sectors.

Executives

Chwee Cheng & Sons Pte Ltd	2201 Interest of corporation controlled by you
Ng San Tiong	2301 Trustee
Ng San Wee	2301 Trustee
Ng Sun Ho	2301 Trustee
Tat Hong Equipment (china) Pte. Ltd.	2101 Beneficial owner
Tat Hong Holdings Ltd	2201 Interest of corporation controlled by you
Tat Hong International Pte Ltd	2201 Interest of corporation controlled by you
Th60 Investments Pte. Ltd.	2201 Interest of corporation controlled by you
Thsc Investments Pte. Ltd.	2201 Interest of corporation controlled by you
Ng Sun Giam	2301 Trustee
Ng Sun Giam Roger	2301 Trustee
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Lim Hua Min	2201 Interest of corporation controlled by you

Tat Hong Equipment Service Co (HKSE:02153) Headlines

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