Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Debt-to-Revenue : 0.08 (As of Dec. 2023)

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What is Meihua International Medical Technologies Co Debt-to-Revenue?

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

Meihua International Medical Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.33 Mil. Meihua International Medical Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. Meihua International Medical Technologies Co's annualized Revenue for the quarter that ended in Dec. 2023 was $97.82 Mil. Meihua International Medical Technologies Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Meihua International Medical Technologies Co Debt-to-Revenue Historical Data

The historical data trend for Meihua International Medical Technologies 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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Meihua International Medical Technologies Co Debt-to-Revenue Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

0.03

0.04

0.05

0.07

0.08

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial				0.05	0.05	0.07	0.07	0.08

Competitive Comparison of Meihua International Medical Technologies Co's Debt-to-Revenue

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co's Debt-to-Revenue Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Meihua International Medical Technologies Co's Debt-to-Revenue falls into.

Meihua International Medical Technologies Co Debt-to-Revenue Calculation

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

Meihua International Medical Technologies 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
	=	(7.327	+	0.005)	/	97.099
	=	0.08

Meihua International Medical Technologies 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
	=	(7.327	+	0.005)	/	97.818
	=	0.07

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 two times the quarterly (Dec. 2023) Revenue data.

Meihua International Medical Technologies Co Debt-to-Revenue Related Terms

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Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.