Mag Mile Capital (Mag Mile Capital) Debt-to-Revenue : 0.29 (As of Mar. 2024)

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What is Mag Mile Capital Debt-to-Revenue?

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

Mag Mile Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.18 Mil. Mag Mile Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.45 Mil. Mag Mile Capital's annualized Revenue for the quarter that ended in Mar. 2024 was $2.13 Mil. Mag Mile Capital's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Mag Mile Capital Debt-to-Revenue Historical Data

The historical data trend for Mag Mile Capital'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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Mag Mile Capital Debt-to-Revenue Chart

Mag Mile Capital Annual Data

Trend

Jul21

Jul22

Dec23

Debt-to-Revenue

N/A

0.31

Mag Mile Capital Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial						N/A	0.16	N/A	0.35	0.29

Competitive Comparison of Mag Mile Capital's Debt-to-Revenue

For the Mortgage Finance subindustry, Mag Mile Capital'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.

Mag Mile Capital's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mag Mile Capital's Debt-to-Revenue distribution charts can be found below:

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

Mag Mile Capital Debt-to-Revenue Calculation

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

Mag Mile Capital'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
	=	(0.156	+	0.437)	/	1.919
	=	0.31

Mag Mile Capital'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
	=	(0.178	+	0.445)	/	2.132
	=	0.29

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.

Mag Mile Capital Debt-to-Revenue Related Terms

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Mag Mile Capital (Mag Mile Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mag Mile Capital Inc (OTCPK:MMCP) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

7950 W. Sunset Boulevard, Suite 629, Los Angeles, CA, USA, 90046

Website

https://www.magmilecapital.com

Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. Mag Mile Capital is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, It leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary.

Mag Mile Capital (Mag Mile Capital) Headlines

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