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Tenax International SpA (MIL:TNX) Debt-to-Revenue : 0.33 (As of Dec. 2023)


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What is Tenax International SpA Debt-to-Revenue?

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

Tenax International SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.05 Mil. Tenax International SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.55 Mil. Tenax International SpA's annualized Revenue for the quarter that ended in Dec. 2023 was €23.03 Mil. Tenax International SpA's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.


Tenax International SpA Debt-to-Revenue Historical Data

The historical data trend for Tenax International SpA'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.

Tenax International SpA Debt-to-Revenue Chart

Tenax International SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.42 0.68 0.66 0.38 0.37

Tenax International SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.53 0.31 0.37 0.33

Competitive Comparison of Tenax International SpA's Debt-to-Revenue

For the Auto Manufacturers subindustry, Tenax International SpA'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.


Tenax International SpA's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenax International SpA's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tenax International SpA's Debt-to-Revenue falls into.



Tenax International SpA Debt-to-Revenue Calculation

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

Tenax International SpA'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
=(3.045 + 4.551) / 20.641
=0.37

Tenax International SpA'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
=(3.045 + 4.551) / 23.026
=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.


Tenax International SpA Debt-to-Revenue Related Terms

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Tenax International SpA (MIL:TNX) Business Description

Traded in Other Exchanges
N/A
Address
Via Balduina 3, Rio Saliceto, ITA, 42010
Tenax International SpA is engaged in designing and production of low-voltage electric road sweepers and street washers in Italy. The company also offers pre-owned street washers and road sweepers.

Tenax International SpA (MIL:TNX) Headlines

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