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Loop Energy (TSX:LPEN) Debt-to-Revenue : 22.69 (As of Mar. 2024)


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What is Loop Energy Debt-to-Revenue?

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

Loop Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.54 Mil. Loop Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$8.35 Mil. Loop Energy's annualized Revenue for the quarter that ended in Mar. 2024 was C$0.48 Mil. Loop Energy's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 22.69.


Loop Energy Debt-to-Revenue Historical Data

The historical data trend for Loop Energy'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.

Loop Energy Debt-to-Revenue Chart

Loop Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 10.64 8.90 1.73 2.36 4.59

Loop Energy Quarterly Data
Dec18 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 2.14 7.36 5.87 5.35 22.69

Competitive Comparison of Loop Energy's Debt-to-Revenue

For the Electrical Equipment & Parts subindustry, Loop Energy'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.


Loop Energy's Debt-to-Revenue Distribution in the Industrial Products Industry

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

* The bar in red indicates where Loop Energy's Debt-to-Revenue falls into.



Loop Energy Debt-to-Revenue Calculation

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

Loop Energy'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
=(1.335 + 8.321) / 2.104
=4.59

Loop Energy'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
=(2.543 + 8.346) / 0.48
=22.69

* 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.


Loop Energy Debt-to-Revenue Related Terms

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Loop Energy (TSX:LPEN) Business Description

Traded in Other Exchanges
Address
2880 Production Way, Burnaby, BC, CAN, V5A 4T6
Loop Energy Inc is a developer, manufacturer, and supplier of hydrogen fuel cells to vehicle and power generation system manufacturers. It sells and services two categories of products: fuel cell stacks and fuel cell modules, which serve a variety of commercial applications including light commercial vehicles, transit buses, medium and heavy-duty trucks, marine, train, mining trucks, material handling vehicles, and stationary power.
Executives
Ben Nyland Director, Senior Officer

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