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China Grand Automotive Services Group Co (SHSE:600297) Debt-to-Revenue : 0.44 (As of Mar. 2024)


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What is China Grand Automotive Services Group Co Debt-to-Revenue?

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

China Grand Automotive Services Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥36,247 Mil. China Grand Automotive Services Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12,390 Mil. China Grand Automotive Services Group Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥111,160 Mil. China Grand Automotive Services Group Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.


China Grand Automotive Services Group Co Debt-to-Revenue Historical Data

The historical data trend for China Grand Automotive Services Group 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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China Grand Automotive Services Group Co Debt-to-Revenue Chart

China Grand Automotive Services Group Co 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 0.32 0.40 0.38 0.42 0.38

China Grand Automotive Services Group Co 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 0.45 0.40 0.39 0.37 0.44

Competitive Comparison of China Grand Automotive Services Group Co's Debt-to-Revenue

For the Auto & Truck Dealerships subindustry, China Grand Automotive Services Group 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.


China Grand Automotive Services Group Co's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Grand Automotive Services Group Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Grand Automotive Services Group Co's Debt-to-Revenue falls into.



China Grand Automotive Services Group Co Debt-to-Revenue Calculation

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

China Grand Automotive Services Group Co'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
=(41599.568 + 10773.019) / 137998.492
=0.38

China Grand Automotive Services Group Co'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
=(36247.063 + 12389.675) / 111160.04
=0.44

* 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.


China Grand Automotive Services Group Co Debt-to-Revenue Related Terms

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China Grand Automotive Services Group Co (SHSE:600297) Business Description

Traded in Other Exchanges
N/A
Address
3998 Hongjing Road, Baoxin Building, Hongqiao Town, Minhang District, Shanghai, CHN, 201103
China Grand Automotive Services Group Co Ltd is a vehicle dealership and automotive services company. It owns and operates vehicle dealership groups in China. It retails new and used as well as spare parts; rents cars; and provides after-sales service. The company is based in Shanghai, China.

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