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Dangote Cement (NSA:DCP) Debt-to-Revenue : 0.37 (As of Mar. 2024)


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What is Dangote Cement Debt-to-Revenue?

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

Dangote Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦775,325 Mil. Dangote Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦436,221 Mil. Dangote Cement's annualized Revenue for the quarter that ended in Mar. 2024 was ₦3,269,400 Mil. Dangote Cement's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.


Dangote Cement Debt-to-Revenue Historical Data

The historical data trend for Dangote Cement'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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Dangote Cement Debt-to-Revenue Chart

Dangote Cement 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 0.28 0.32 0.29 0.24 0.27

Dangote Cement 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 0.41 0.38 0.40 0.22 0.37

Competitive Comparison of Dangote Cement's Debt-to-Revenue

For the Building Materials subindustry, Dangote Cement'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.


Dangote Cement's Debt-to-Revenue Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dangote Cement's Debt-to-Revenue distribution charts can be found below:

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



Dangote Cement Debt-to-Revenue Calculation

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

Dangote Cement'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
=(584119 + 16505) / 2208090
=0.27

Dangote Cement'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
=(775325 + 436221) / 3269400
=0.37

* 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.


Dangote Cement Debt-to-Revenue Related Terms

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Dangote Cement (NSA:DCP) Business Description

Traded in Other Exchanges
N/A
Address
1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.

Dangote Cement (NSA:DCP) Headlines