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Solvay (XBRU:SOLB) Debt-to-Revenue : 0.44 (As of Mar. 2024)


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What is Solvay Debt-to-Revenue?

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

Solvay's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €321 Mil. Solvay's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,986 Mil. Solvay's annualized Revenue for the quarter that ended in Mar. 2024 was €5,192 Mil. Solvay's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.


Solvay Debt-to-Revenue Historical Data

The historical data trend for Solvay'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.

Solvay Debt-to-Revenue Chart

Solvay 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 0.39 0.35 0.29 0.37 0.07

Solvay 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 0.42 0.20 0.27 N/A 0.44

Competitive Comparison of Solvay's Debt-to-Revenue

For the Chemicals subindustry, Solvay'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.


Solvay's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's Debt-to-Revenue distribution charts can be found below:

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



Solvay Debt-to-Revenue Calculation

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

Solvay'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
=(151 + 243) / 6025
=0.07

Solvay'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
=(321 + 1986) / 5192
=0.44

* 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.


Solvay Debt-to-Revenue Related Terms

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Solvay (XBRU:SOLB) Business Description

Address
Rue De Ransbeek, 310, Brussels, BEL, B-1120
Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

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