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Solid State (LSE:SOLI) Debt-to-Revenue : 0.08 (As of Sep. 2023)


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What is Solid State Debt-to-Revenue?

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

Solid State's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £2.5 Mil. Solid State's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £12.1 Mil. Solid State's annualized Revenue for the quarter that ended in Sep. 2023 was £176.3 Mil. Solid State's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 0.08.


Solid State Debt-to-Revenue Historical Data

The historical data trend for Solid State'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.

Solid State Debt-to-Revenue Chart

Solid State Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.02 0.10 0.07 0.13

Solid State Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.05 0.06 0.17 0.12 0.08

Competitive Comparison of Solid State's Debt-to-Revenue

For the Electronic Components subindustry, Solid State'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.


Solid State's Debt-to-Revenue Distribution in the Hardware Industry

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

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



Solid State Debt-to-Revenue Calculation

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

Solid State'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
=(2.336 + 14.369) / 126.503
=0.13

Solid State'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
=(2.469 + 12.072) / 176.25
=0.08

* 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 (Sep. 2023) Revenue data.


Solid State Debt-to-Revenue Related Terms

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Solid State (LSE:SOLI) Business Description

Traded in Other Exchanges
N/A
Address
Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY
Solid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.