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Kopin (KOPN) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)


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What is Kopin LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kopin's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Kopin's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.04). It may suggest that Kopin is progressively becoming less dependent on debt to grow their business.


Kopin LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kopin's LT-Debt-to-Total-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.

* Premium members only.

Kopin LT-Debt-to-Total-Asset Chart

Kopin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.05 0.06 0.04

Kopin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.04 0.04 0.04 0.04

Kopin LT-Debt-to-Total-Asset Calculation

Kopin's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=1.833/49.312
=0.04

Kopin's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=1.833/49.312
=0.04

* 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.


Kopin  (NAS:KOPN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Kopin LT-Debt-to-Total-Asset Related Terms

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Kopin (KOPN) Business Description

Industry
Traded in Other Exchanges
Address
125 North Drive, Westborough, MA, USA, 01581-3335
Kopin Corp is a developer, manufacturer, and seller of components, subassemblies, and head-worn and hand-held systems. It serves soldiers, avionic, armored vehicles and training and simulation military applications, and others. The company's product portfolio includes LCD; ferroelectric liquid crystal on silicon devices (FLCoS); Organic Light Emitting Diodes (OLED) and others. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia-Pacific; Europe, and Other Countries.
Executives
Fan John C C officer: CEO & President 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Scott L Anchin director 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Hsieh Chi Chia Dr director MICROCELECTRONICS TECHNOLOGY INC, 1 INNOVATION RD II HISINCHU SCIENCE BASE, HSINCH 30077 TAIWAN ROC F5 02780
James K Brewington director 600 MOUNTAIN AVE, MURRAY HILL NJ 07974
Michael Andrew Murray officer: CEO KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01851
Morton Collins director
Paul Christopher Baker officer: Strategic Business Officer C/O KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01581
Jill Janice Avery director 381 BEACON STREET, BOSTON MA 02116
David Brook director 6 DUSTON LANE, ACTON MA 01720
Richard Sneider officer: CFO 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Hong K Choi officer: CTO C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Bor Yeu Tsaur officer: Executive Vice President C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Osgood Richard Hoe Iii director 20 HUNTER RANCH ROAD, NAPA CA 94558
Goertek Inc. 10 percent owner NO. 268, DONGFANG ROAD, HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE, WEIFANG, SHANDONG PROVINCE F4 261031
Andrew Chapman director NARAD NETWORKS, 515 GROTON ROAD, WESTFORD MA 01886