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Odd Burger (TSXV:ODD) Debt-to-Asset : 0.73 (As of Dec. 2023)


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What is Odd Burger Debt-to-Asset?

Odd Burger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.77 Mil. Odd Burger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2.48 Mil. Odd Burger's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$4.45 Mil. Odd Burger's debt to asset for the quarter that ended in Dec. 2023 was 0.73.

Odd Burger Debt-to-Asset Historical Data

The historical data trend for Odd Burger's Debt-to-Asset 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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Odd Burger Debt-to-Asset Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Debt-to-Asset
1.04 0.26 0.44 0.65

Odd Burger Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset 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 0.50 0.48 0.54 0.65 0.73

Competitive Comparison of Odd Burger's Debt-to-Asset

For the Restaurants subindustry, Odd Burger's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Odd Burger's Debt-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Odd Burger's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Odd Burger's Debt-to-Asset falls into.


Odd Burger Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Odd Burger's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.503 + 2.385) / 4.42
=0.65

Odd Burger's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.774 + 2.481) / 4.448
=0.73

* 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.

Odd Burger  (TSXV:ODD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Odd Burger Debt-to-Asset Related Terms

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Odd Burger (TSXV:ODD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Odd Burger Corp (TSXV:ODD) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
ODDAF:USA IA9:Germany
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Website
https://www.oddburger.com
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.