Orkla ASA (OSL:ORK) Debt-to-Asset : 0.23 (As of Sep. 2024)

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What is Orkla ASA Debt-to-Asset?

Orkla ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr3,553 Mil. Orkla ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr16,980 Mil. Orkla ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was kr89,234 Mil. Orkla ASA's debt to asset for the quarter that ended in Sep. 2024 was 0.23.

Orkla ASA Debt-to-Asset Historical Data

The historical data trend for Orkla ASA'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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Orkla ASA Debt-to-Asset Chart

Orkla ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.15

0.16

0.20

0.23

0.24

Orkla ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.24	0.23	0.25	0.23

Competitive Comparison of Orkla ASA's Debt-to-Asset

For the Packaged Foods subindustry, Orkla ASA'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.

Orkla ASA's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Debt-to-Asset distribution charts can be found below:

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

Orkla ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Orkla ASA'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
	=	(3315	+	17173)	/	86592
	=	0.24

Orkla ASA's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(3553	+	16980)	/	89234
	=	0.23

Orkla ASA (OSL:ORK) 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.

Orkla ASA Debt-to-Asset Related Terms

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Orkla ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OSL:ORK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

ORKLY:USA ORKLF:USA ORKo:Sweden ORKo:UK 0FIN:UK OKL0:Germany OKL:Germany OKL:Germany

Address

Drammensveien 149, Oslo, NOR, NO-0277

Website

https://www.orkla.no

Orkla ASA is a branded consumer goods company, originally from Norway. Its segments include Orkla Foods Europe, Orkla Food Ingredients, Orkla Confectionery & Snacks, Orkla Health, Orkla India, Orkla Home & Personal Care, The European Pizza, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group, and Lilleborg. It generates the majority of its revenue from Norway.

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