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Niterra Co (TSE:5334) Debt-to-Revenue : 0.28 (As of Mar. 2024)


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What is Niterra Co Debt-to-Revenue?

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

Niterra Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円42,367 Mil. Niterra Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円135,742 Mil. Niterra Co's annualized Revenue for the quarter that ended in Mar. 2024 was 円634,468 Mil. Niterra Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.


Niterra Co Debt-to-Revenue Historical Data

The historical data trend for Niterra 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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Niterra Co Debt-to-Revenue Chart

Niterra Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.44 0.32 0.33 0.29

Niterra 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 0.33 0.30 0.29 0.29 0.28

Competitive Comparison of Niterra Co's Debt-to-Revenue

For the Auto Parts subindustry, Niterra 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.


Niterra Co's Debt-to-Revenue Distribution in the Vehicles & Parts Industry

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

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



Niterra Co Debt-to-Revenue Calculation

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

Niterra Co's Debt-to-Revenue for the fiscal year 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
=(42367 + 135742) / 614486
=0.29

Niterra 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
=(42367 + 135742) / 634468
=0.28

* 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.


Niterra Co Debt-to-Revenue Related Terms

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Niterra Co (TSE:5334) Business Description

Traded in Other Exchanges
Address
14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525
Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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