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Offshore Oil Engineering Co (SHSE:600583) Debt-to-Revenue : 0.02 (As of Mar. 2024)


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What is Offshore Oil Engineering Co Debt-to-Revenue?

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

Offshore Oil Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥54 Mil. Offshore Oil Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥279 Mil. Offshore Oil Engineering Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥22,687 Mil. Offshore Oil Engineering Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.


Offshore Oil Engineering Co Debt-to-Revenue Historical Data

The historical data trend for Offshore Oil Engineering 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.

* Premium members only.

Offshore Oil Engineering Co Debt-to-Revenue Chart

Offshore Oil Engineering 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 0.02 0.04 0.03 0.03 0.01

Offshore Oil Engineering 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 0.03 0.01 0.01 0.01 0.02

Competitive Comparison of Offshore Oil Engineering Co's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Offshore Oil Engineering 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.


Offshore Oil Engineering Co's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Offshore Oil Engineering Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Offshore Oil Engineering Co's Debt-to-Revenue falls into.



Offshore Oil Engineering Co Debt-to-Revenue Calculation

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

Offshore Oil Engineering 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
=(53.675 + 286.871) / 30752.038
=0.01

Offshore Oil Engineering 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
=(54.442 + 279.349) / 22686.684
=0.01

* 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.


Offshore Oil Engineering Co Debt-to-Revenue Related Terms

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Offshore Oil Engineering Co (SHSE:600583) Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461
Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.

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