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Mohawk Industries (LTS:0K2F) Debt-to-Revenue : 0.29 (As of Mar. 2024)


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What is Mohawk Industries Debt-to-Revenue?

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

Mohawk Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,041 Mil. Mohawk Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,016 Mil. Mohawk Industries's annualized Revenue for the quarter that ended in Mar. 2024 was $10,718 Mil. Mohawk Industries's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.


Mohawk Industries Debt-to-Revenue Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries Debt-to-Revenue Chart

Mohawk Industries 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 0.29 0.32 0.24 0.27 0.28

Mohawk Industries Quarterly Data
Jun19 Sep19 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 0.33 0.29 0.27 0.30 0.29

Competitive Comparison of Mohawk Industries's Debt-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.


Mohawk Industries's Debt-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Debt-to-Revenue distribution charts can be found below:

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



Mohawk Industries Debt-to-Revenue Calculation

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

Mohawk Industries'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
=(1110.575 + 2039.291) / 11135.115
=0.28

Mohawk Industries'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
=(1040.8 + 2016.3) / 10717.6
=0.29

* 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.


Mohawk Industries Debt-to-Revenue Related Terms

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Mohawk Industries (LTS:0K2F) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (LTS:0K2F) Headlines

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