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Souken Ace Co (TSE:1757) Debt-to-Revenue : 0.66 (As of Dec. 2023)


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What is Souken Ace Co Debt-to-Revenue?

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

Souken Ace Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円953 Mil. Souken Ace Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Souken Ace Co's annualized Revenue for the quarter that ended in Dec. 2023 was 円1,446 Mil. Souken Ace Co's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.


Souken Ace Co Debt-to-Revenue Historical Data

The historical data trend for Souken Ace 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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Souken Ace Co Debt-to-Revenue Chart

Souken Ace Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.40 - 0.04 0.01

Souken Ace Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.02 0.88 0.66

Competitive Comparison of Souken Ace Co's Debt-to-Revenue

For the Real Estate - Development subindustry, Souken Ace 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.


Souken Ace Co's Debt-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Souken Ace Co's Debt-to-Revenue distribution charts can be found below:

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



Souken Ace Co Debt-to-Revenue Calculation

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

Souken Ace Co's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(43 + 0) / 4300.103
=0.01

Souken Ace Co's annualized Debt-to-Revenue for the quarter 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
=(953 + 0) / 1445.544
=0.66

* 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 (Dec. 2023) Revenue data.


Souken Ace Co Debt-to-Revenue Related Terms

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Souken Ace Co (TSE:1757) Business Description

Traded in Other Exchanges
N/A
Address
11-36 Akasaka 1-Chome, Minato-Ku, Tokyo, JPN, 107-0052
Souken Ace Co Ltd Formerly Small and medium sized Enterprises Holdings Inc is engaged in the real estate development company that focuses on housing and living environment. The activities of the company include urban development, housing construction, sales, remodeling, and automobile related business.

Souken Ace Co (TSE:1757) Headlines

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