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Okayamaken Freight Transportation Co (TSE:9063) Debt-to-Revenue : 0.34 (As of Dec. 2023)


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What is Okayamaken Freight Transportation Co Debt-to-Revenue?

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

Okayamaken Freight Transportation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円5,715 Mil. Okayamaken Freight Transportation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7,679 Mil. Okayamaken Freight Transportation Co's annualized Revenue for the quarter that ended in Dec. 2023 was 円39,706 Mil. Okayamaken Freight Transportation Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.


Okayamaken Freight Transportation Co Debt-to-Revenue Historical Data

The historical data trend for Okayamaken Freight Transportation 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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Okayamaken Freight Transportation Co Debt-to-Revenue Chart

Okayamaken Freight Transportation Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.36 0.36 0.36 0.42

Okayamaken Freight Transportation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.43 0.44 0.36 0.34

Competitive Comparison of Okayamaken Freight Transportation Co's Debt-to-Revenue

For the Trucking subindustry, Okayamaken Freight Transportation 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.


Okayamaken Freight Transportation Co's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Okayamaken Freight Transportation Co's Debt-to-Revenue distribution charts can be found below:

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



Okayamaken Freight Transportation Co Debt-to-Revenue Calculation

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

Okayamaken Freight Transportation Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7856.128 + 8140.126) / 38474.486
=0.42

Okayamaken Freight Transportation Co's annualized Debt-to-Revenue for the quarter 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
=(5715.207 + 7679.384) / 39705.716
=0.34

* 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 (Dec. 2023) Revenue data.


Okayamaken Freight Transportation Co Debt-to-Revenue Related Terms

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Okayamaken Freight Transportation Co (TSE:9063) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.

Okayamaken Freight Transportation Co (TSE:9063) Headlines

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