Optec International (Optec International) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2018)

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What is Optec International 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. Optec International's long-term debt to total assests ratio for the quarter that ended in Dec. 2018 was 0.00.

Optec International's long-term debt to total assets ratio stayed the same from Dec. 2017 (0.00) to Dec. 2018 (0.00).

Optec International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Optec International'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.

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Optec International LT-Debt-to-Total-Asset Chart

Optec International Annual Data

Trend

Jun15

Jun16

Jun17

LT-Debt-to-Total-Asset

Optec International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	-	-	-	-

Optec International LT-Debt-to-Total-Asset Calculation

Optec International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2017 is calculated as

LT Debt to Total Assets (A: Jun. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2017 )	/	Total Assets (A: Jun. 2017 )
	=	0	/	0.018
	=	0.00

Optec International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (Q: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2018 )	/	Total Assets (Q: Dec. 2018 )
	=	0	/	1.083
	=

Optec International (OTCPK:OPTI) 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.

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Optec International (Optec International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1385 Park Center Drive, Vista, CA, USA, 92081

Website

https://www.optecintl.com

Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.