African Agriculture Holdings (African Agriculture Holdings) Debt-to-Revenue : 8.48 (As of Mar. 2024)

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What is African Agriculture Holdings Debt-to-Revenue?

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

African Agriculture Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.85 Mil. African Agriculture Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.85 Mil. African Agriculture Holdings's annualized Revenue for the quarter that ended in Mar. 2024 was $1.38 Mil. African Agriculture Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 8.48.

African Agriculture Holdings Debt-to-Revenue Historical Data

The historical data trend for African Agriculture Holdings'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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African Agriculture Holdings Debt-to-Revenue Chart

African Agriculture Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Revenue

N/A

9.86

6.46

African Agriculture Holdings Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial				4.53	3.56	6.18	N/A	8.48

Competitive Comparison of African Agriculture Holdings's Debt-to-Revenue

For the Farm Products subindustry, African Agriculture Holdings'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.

African Agriculture Holdings's Debt-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, African Agriculture Holdings's Debt-to-Revenue distribution charts can be found below:

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

African Agriculture Holdings Debt-to-Revenue Calculation

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

African Agriculture Holdings'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
	=	(4.917	+	6.819)	/	1.817
	=	6.46

African Agriculture Holdings'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
	=	(4.845	+	6.854)	/	1.38
	=	8.48

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.

African Agriculture Holdings Debt-to-Revenue Related Terms

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African Agriculture Holdings (African Agriculture Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » African Agriculture Holdings Inc (NAS:AAGR) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Park Avenue, Ninth Floor, New York, NY, USA, 10022

Website

African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes, primarily in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.