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Tantalus Systems Holding (TSX:GRID) Debt-to-Revenue : 0.38 (As of Mar. 2024)


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What is Tantalus Systems Holding Debt-to-Revenue?

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

Tantalus Systems Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$12.89 Mil. Tantalus Systems Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$6.33 Mil. Tantalus Systems Holding's annualized Revenue for the quarter that ended in Mar. 2024 was C$50.87 Mil. Tantalus Systems Holding's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.38.


Tantalus Systems Holding Debt-to-Revenue Historical Data

The historical data trend for Tantalus Systems Holding'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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Tantalus Systems Holding Debt-to-Revenue Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
0.38 0.35 0.34

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 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 0.32 0.28 0.33 0.35 0.38

Competitive Comparison of Tantalus Systems Holding's Debt-to-Revenue

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's Debt-to-Revenue falls into.



Tantalus Systems Holding Debt-to-Revenue Calculation

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

Tantalus Systems Holding'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
=(12.553 + 6.719) / 56.544
=0.34

Tantalus Systems Holding'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
=(12.886 + 6.325) / 50.868
=0.38

* 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.


Tantalus Systems Holding Debt-to-Revenue Related Terms

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Tantalus Systems Holding (TSX:GRID) Business Description

Traded in Other Exchanges
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
Executives
Peter Londa Director, Senior Officer

Tantalus Systems Holding (TSX:GRID) Headlines