Orbit Garant Drilling (TSX:OGD) Debt-to-Asset : 0.28 (As of Mar. 2024)

Orbit Garant Drilling Debt-to-Asset Chart

Orbit Garant Drilling Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Debt-to-Asset		Get a 7-Day Free Trial					0.22	0.32	0.25	0.28	0.28

Orbit Garant Drilling Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.27	0.28	0.29	0.31	0.28

Competitive Comparison of Orbit Garant Drilling's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Orbit Garant Drilling'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.

Orbit Garant Drilling's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Orbit Garant Drilling's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Orbit Garant Drilling's Debt-to-Asset falls into.

Orbit Garant Drilling Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Orbit Garant Drilling's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Orbit Garant Drilling's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* 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.

Orbit Garant Drilling  (TSX:OGD) 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.

Orbit Garant Drilling Debt-to-Asset Related Terms

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Orbit Garant Drilling (TSX:OGD) Business Description