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Guangdong Songyang Recycle Resources Co (SHSE:603863) Debt-to-Revenue : 0.86 (As of Mar. 2024)


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What is Guangdong Songyang Recycle Resources Co Debt-to-Revenue?

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

Guangdong Songyang Recycle Resources Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥366.0 Mil. Guangdong Songyang Recycle Resources Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥126.1 Mil. Guangdong Songyang Recycle Resources Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥571.5 Mil. Guangdong Songyang Recycle Resources Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.


Guangdong Songyang Recycle Resources Co Debt-to-Revenue Historical Data

The historical data trend for Guangdong Songyang Recycle Resources 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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Guangdong Songyang Recycle Resources Co Debt-to-Revenue Chart

Guangdong Songyang Recycle Resources 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 0.24 0.68 0.80 0.52 0.80

Guangdong Songyang Recycle Resources 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 0.97 0.69 0.85 0.64 0.86

Competitive Comparison of Guangdong Songyang Recycle Resources Co's Debt-to-Revenue

For the Paper & Paper Products subindustry, Guangdong Songyang Recycle Resources 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.


Guangdong Songyang Recycle Resources Co's Debt-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Songyang Recycle Resources Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Guangdong Songyang Recycle Resources Co's Debt-to-Revenue falls into.



Guangdong Songyang Recycle Resources Co Debt-to-Revenue Calculation

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

Guangdong Songyang Recycle Resources 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
=(347.173 + 185.099) / 665.364
=0.80

Guangdong Songyang Recycle Resources 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
=(366.036 + 126.147) / 571.452
=0.86

* 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.


Guangdong Songyang Recycle Resources Co Debt-to-Revenue Related Terms

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Guangdong Songyang Recycle Resources Co (SHSE:603863) Business Description

Traded in Other Exchanges
N/A
Address
Hongli Industrial Zone, Lianxia Town, Chenghai District, Guangdong Province, Shantou City, CHN, 515800
Guangdong Songyang Recycle Resources Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of environmentally-friendly recycled paper.
Executives
Wang Zhuang Peng Director

Guangdong Songyang Recycle Resources Co (SHSE:603863) Headlines

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