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Nantong Acetic Acid Chemical Co (SHSE:603968) Debt-to-Revenue : 0.29 (As of Mar. 2024)


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What is Nantong Acetic Acid Chemical Co Debt-to-Revenue?

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

Nantong Acetic Acid Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥704 Mil. Nantong Acetic Acid Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥137 Mil. Nantong Acetic Acid Chemical Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥2,872 Mil. Nantong Acetic Acid Chemical Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.


Nantong Acetic Acid Chemical Co Debt-to-Revenue Historical Data

The historical data trend for Nantong Acetic Acid Chemical 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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Nantong Acetic Acid Chemical Co Debt-to-Revenue Chart

Nantong Acetic Acid Chemical 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 0.08 0.13 0.10 0.11 0.19

Nantong Acetic Acid Chemical 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 0.16 0.20 0.22 0.24 0.29

Competitive Comparison of Nantong Acetic Acid Chemical Co's Debt-to-Revenue

For the Specialty Chemicals subindustry, Nantong Acetic Acid Chemical 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.


Nantong Acetic Acid Chemical Co's Debt-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantong Acetic Acid Chemical Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nantong Acetic Acid Chemical Co's Debt-to-Revenue falls into.



Nantong Acetic Acid Chemical Co Debt-to-Revenue Calculation

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

Nantong Acetic Acid Chemical 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
=(233.659 + 327.527) / 3008.337
=0.19

Nantong Acetic Acid Chemical 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
=(703.559 + 136.525) / 2872.252
=0.29

* 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.


Nantong Acetic Acid Chemical Co Debt-to-Revenue Related Terms

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Nantong Acetic Acid Chemical Co (SHSE:603968) Business Description

Traded in Other Exchanges
N/A
Address
Nantong Economic and Technological Development Zone, 968 Jiangshan Road, Jiangsu, CHN, 226009
Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.
Executives
Qing Jiu Director
Yu Xin Nan Director
Tao Tao senior management
Xue Jin Quan senior management
Shuai Jian Xin senior management
Ding Cai Feng Director
Qian Jin senior management
Gu Qing Quan Director
Yan Mei Hua senior management

Nantong Acetic Acid Chemical Co (SHSE:603968) Headlines

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