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Sinosteel New Materials Co (SZSE:002057) Debt-to-Revenue : 0.16 (As of Mar. 2024)


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What is Sinosteel New Materials Co Debt-to-Revenue?

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

Sinosteel New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥286 Mil. Sinosteel New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥110 Mil. Sinosteel New Materials Co's annualized Revenue for the quarter that ended in Mar. 2024 was ¥2,432 Mil. Sinosteel New Materials Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.


Sinosteel New Materials Co Debt-to-Revenue Historical Data

The historical data trend for Sinosteel New Materials 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.

Sinosteel New Materials Co Debt-to-Revenue Chart

Sinosteel New Materials 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 0.12 0.21 0.11 0.09 0.15

Sinosteel New Materials 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 0.12 0.12 0.17 0.15 0.16

Competitive Comparison of Sinosteel New Materials Co's Debt-to-Revenue

For the Semiconductors subindustry, Sinosteel New Materials 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.


Sinosteel New Materials Co's Debt-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sinosteel New Materials Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sinosteel New Materials Co's Debt-to-Revenue falls into.



Sinosteel New Materials Co Debt-to-Revenue Calculation

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

Sinosteel New Materials 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
=(297.779 + 114.462) / 2770.604
=0.15

Sinosteel New Materials 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
=(285.883 + 109.897) / 2432.264
=0.16

* 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.


Sinosteel New Materials Co Debt-to-Revenue Related Terms

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Sinosteel New Materials Co (SZSE:002057) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 South section, Huoli Shan Avenue, Anhui, Ma'anshan, CHN, 243000
Sinosteel New Materials Co Ltd is a China-based electronic component manufacturing company. Its business activities include a magnetic material, manganous-manganic oxide, ferrite magnet, neodymium magnet, high-efficiency energy-saving motor and mining equipment specializing in the separator, filter, HPGR (High-Pressure Grinding Rolls) and tower mill.
Executives
Hong Tao Executives
Jiang Bao Cai Director
Sun Jian Hua Executives
Cai Xia Executives

Sinosteel New Materials Co (SZSE:002057) Headlines

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