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Luzhou Laojiao Co (SZSE:000568) Debt-to-Revenue : 0.37 (As of Mar. 2024)


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What is Luzhou Laojiao Co Debt-to-Revenue?

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

Luzhou Laojiao Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,543 Mil. Luzhou Laojiao Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12,020 Mil. Luzhou Laojiao Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥36,754 Mil. Luzhou Laojiao Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.


Luzhou Laojiao Co Debt-to-Revenue Historical Data

The historical data trend for Luzhou Laojiao 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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Luzhou Laojiao Co Debt-to-Revenue Chart

Luzhou Laojiao 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 0.16 0.25 0.20 0.25 0.38

Luzhou Laojiao 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 0.40 0.45 0.45 0.35 0.37

Competitive Comparison of Luzhou Laojiao Co's Debt-to-Revenue

For the Beverages - Wineries & Distilleries subindustry, Luzhou Laojiao 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.


Luzhou Laojiao Co's Debt-to-Revenue Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Luzhou Laojiao Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Luzhou Laojiao Co's Debt-to-Revenue falls into.



Luzhou Laojiao Co Debt-to-Revenue Calculation

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

Luzhou Laojiao 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
=(78.918 + 11521.373) / 30233.301
=0.38

Luzhou Laojiao 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
=(1543.115 + 12020.392) / 36753.608
=0.37

* 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.


Luzhou Laojiao Co Debt-to-Revenue Related Terms

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Luzhou Laojiao Co (SZSE:000568) Business Description

Traded in Other Exchanges
N/A
Address
Nanguang road, Luzhou Laojiao Marketing Network Command Center, Longmatan District, Sichuan Province, Luzhou, CHN, 646000
Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.

Luzhou Laojiao Co (SZSE:000568) Headlines

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