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Inner Mongolia ERDOS Resources Co (SHSE:600295) Debt-to-Revenue : 0.18 (As of Mar. 2024)


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What is Inner Mongolia ERDOS Resources Co Debt-to-Revenue?

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

Inner Mongolia ERDOS Resources Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,949 Mil. Inner Mongolia ERDOS Resources Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,878 Mil. Inner Mongolia ERDOS Resources Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥26,804 Mil. Inner Mongolia ERDOS Resources Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.


Inner Mongolia ERDOS Resources Co Debt-to-Revenue Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

* Premium members only.

Inner Mongolia ERDOS Resources Co Debt-to-Revenue Chart

Inner Mongolia ERDOS Resources Co 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 0.94 0.79 0.34 0.24 0.18

Inner Mongolia ERDOS Resources Co 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 0.28 0.25 0.25 0.16 0.18

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Debt-to-Revenue

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Debt-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Debt-to-Revenue falls into.



Inner Mongolia ERDOS Resources Co Debt-to-Revenue Calculation

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

Inner Mongolia ERDOS Resources 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
=(3451.5 + 2081.38) / 30553.63
=0.18

Inner Mongolia ERDOS Resources Co'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
=(2949.37 + 1877.829) / 26803.636
=0.18

* 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.


Inner Mongolia ERDOS Resources Co Debt-to-Revenue Related Terms

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Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.
Executives
Zhang Mei Rong Director
Wang Zhen Director
Zhang Yi Ling Director

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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