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Agricultural Bank of China (SHSE:601288) Debt-to-Revenue : 3.67 (As of Mar. 2024)


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What is Agricultural Bank of China Debt-to-Revenue?

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

Agricultural Bank of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Agricultural Bank of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,726,982 Mil. Agricultural Bank of China's annualized Revenue for the quarter that ended in Mar. 2024 was ¥744,104 Mil. Agricultural Bank of China's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.66.


Agricultural Bank of China Debt-to-Revenue Historical Data

The historical data trend for Agricultural Bank of China'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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Agricultural Bank of China Debt-to-Revenue Chart

Agricultural Bank of China 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 2.29 2.68 2.50 3.17 3.86

Agricultural Bank of China 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 2.98 3.41 3.79 4.15 3.67

Competitive Comparison of Agricultural Bank of China's Debt-to-Revenue

For the Banks - Diversified subindustry, Agricultural Bank of China'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.


Agricultural Bank of China's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Agricultural Bank of China's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Agricultural Bank of China's Debt-to-Revenue falls into.



Agricultural Bank of China Debt-to-Revenue Calculation

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

Agricultural Bank of China'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
=(0 + 2678211) / 694639
=3.86

Agricultural Bank of China'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
=(0 + 2726982) / 744104
=3.66

* 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.


Agricultural Bank of China Debt-to-Revenue Related Terms

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Agricultural Bank of China (SHSE:601288) Business Description

Traded in Other Exchanges
Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (SHSE:601288) Headlines

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