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Ocean Harvest Technology Group (LSE:OHT) Debt-to-Asset : 0.08 (As of Jun. 2024)


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What is Ocean Harvest Technology Group Debt-to-Asset?

Ocean Harvest Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.10 Mil. Ocean Harvest Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.22 Mil. Ocean Harvest Technology Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was £4.14 Mil. Ocean Harvest Technology Group's debt to asset for the quarter that ended in Jun. 2024 was 0.08.

Ocean Harvest Technology Group Debt-to-Asset Historical Data

The historical data trend for Ocean Harvest Technology Group'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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Ocean Harvest Technology Group Debt-to-Asset Chart

Ocean Harvest Technology Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.26 0.20 0.79 0.01

Ocean Harvest Technology Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial - 0.79 0.02 0.01 0.08

Competitive Comparison of Ocean Harvest Technology Group's Debt-to-Asset

For the Packaged Foods subindustry, Ocean Harvest Technology Group'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.

Ocean Harvest Technology Group's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean Harvest Technology Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ocean Harvest Technology Group's Debt-to-Asset falls into.


Ocean Harvest Technology Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ocean Harvest Technology Group's Debt-to-Asset for the fiscal year 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
=(0.041 + 0) / 5.505
=0.01

Ocean Harvest Technology Group's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.101 + 0.223) / 4.142
=0.08

* 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.

Ocean Harvest Technology Group  (LSE:OHT) 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.

Ocean Harvest Technology Group Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Ocean Harvest Technology Group's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ocean Harvest Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ocean Harvest Technology Group PLC (LSE:OHT) » Definitions » Debt-to-Asset
Comparable Companies
LSE:ZAM LSE:SIS LSE:UKR LSE:ANP XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF MEX:BIMBOA HRL K MKC SGX:F34 SAU:2280
Traded in Other Exchanges
N/A
Address
41 London Road, Castle Court, Reigate, GBR, RH2 9RJ
Website
https://www.oceanharvesttechnology.com
Ocean Harvest Technology Group PLC is a commercial-scale producer of seaweed blend ingredients for the animal feed market. It produces seaweed blend ingredients for animal feed under the brand name OceanFeed feed ingredients for multiple species of animals.

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