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Sincere Co (TSE:7782) Debt-to-Revenue : 0.36 (As of Mar. 2024)


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What is Sincere Co Debt-to-Revenue?

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

Sincere Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,368 Mil. Sincere Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円852 Mil. Sincere Co's annualized Revenue for the quarter that ended in Mar. 2024 was 円6,093 Mil. Sincere Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Sincere Co Debt-to-Revenue Historical Data

The historical data trend for Sincere 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.

Sincere Co Debt-to-Revenue Chart

Sincere 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 0.10 0.09 0.16 0.20 0.39

Sincere 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 0.21 0.24 0.35 0.38 0.36

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

For the Medical Instruments & Supplies subindustry, Sincere 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.


Sincere Co's Debt-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sincere Co's Debt-to-Revenue distribution charts can be found below:

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



Sincere Co Debt-to-Revenue Calculation

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

Sincere 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
=(1520.182 + 779.231) / 5961.475
=0.39

Sincere 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
=(1367.952 + 852.173) / 6093.356
=0.36

* 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.


Sincere Co Debt-to-Revenue Related Terms

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Sincere Co (TSE:7782) Business Description

Traded in Other Exchanges
N/A
Address
30-1, Nihonbashi hakozaki cho, Tama building Nihonbashi Hakozaki, 10th Floor, Chuo-ku, Tokyo, JPN, 103-0015
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens. It offers daily disposable malleable contact lens, color contact lens, and conventional disposable soft contact lens.

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