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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Debt-to-Revenue : 0.41 (As of Dec. 2023)


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What is FLYHT Aerospace Solutions Debt-to-Revenue?

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

FLYHT Aerospace Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.27 Mil. FLYHT Aerospace Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.87 Mil. FLYHT Aerospace Solutions's annualized Revenue for the quarter that ended in Dec. 2023 was $12.66 Mil. FLYHT Aerospace Solutions's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.


FLYHT Aerospace Solutions Debt-to-Revenue Historical Data

The historical data trend for FLYHT Aerospace Solutions'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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FLYHT Aerospace Solutions Debt-to-Revenue Chart

FLYHT Aerospace Solutions 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 0.28 0.60 0.62 0.32 0.34

FLYHT Aerospace Solutions 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 0.26 0.39 - 0.35 0.41

Competitive Comparison of FLYHT Aerospace Solutions's Debt-to-Revenue

For the Aerospace & Defense subindustry, FLYHT Aerospace Solutions'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.


FLYHT Aerospace Solutions's Debt-to-Revenue Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FLYHT Aerospace Solutions's Debt-to-Revenue distribution charts can be found below:

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



FLYHT Aerospace Solutions Debt-to-Revenue Calculation

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

FLYHT Aerospace Solutions'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
=(1.268 + 3.874) / 15.016
=0.34

FLYHT Aerospace Solutions'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
=(1.268 + 3.874) / 12.656
=0.41

* 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.


FLYHT Aerospace Solutions Debt-to-Revenue Related Terms

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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Business Description

Traded in Other Exchanges
Address
1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8
FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.