Deoleo (XMAD:OLE) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

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What is Deoleo 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. Deoleo's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Deoleo's long-term debt to total assets ratio declined from Dec. 2021 (0.18) to Dec. 2023 (0.17). It may suggest that Deoleo is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Deoleo'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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Deoleo LT-Debt-to-Total-Asset Chart

Deoleo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.66

0.24

0.18

0.17

Deoleo Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.18	0.18	0.17	0.17

Deoleo LT-Debt-to-Total-Asset Calculation

Deoleo'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 )
	=	143.957	/	832.961
	=	0.17

Deoleo'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 )
	=	143.957	/	832.961
	=

Deoleo (XMAD:OLE) 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.

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

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Deoleo (XMAD:OLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Deoleo SA (XMAD:OLE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SOSCF:USA SC5A:Germany

Address

Carretera N-IV - KM 388, Alcolea, Cordoba, ESP

Website

http://www.deoleo.com

Deoleo SA is primarily engaged in the food processing sector. It produces olive oil, rice, table olives, vinegars, mayonnaise, mustards, ketchup, flour, and dates. In addition, it also produces byproducts of olive oil processing that are used by cosmetics and health food producers. Geographically, the activities are functioned through the region of Spain and it derives revenue from the sale of products.

Deoleo (XMAD:OLE) Headlines

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