Oakridge International (ASX:OAK) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Oakridge 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. Oakridge International's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Oakridge International's long-term debt to total assets ratio declined from Jun. 2023 (0.10) to Jun. 2024 (0.09). It may suggest that Oakridge International is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Oakridge 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.

* Premium members only.

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

Oakridge International Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.09

0.10

0.09

Oakridge International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.10	0.14	0.09

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

Oakridge International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.169	/	1.808
	=	0.09

Oakridge International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.169	/	1.808
	=	0.09

Oakridge International (ASX:OAK) 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.

Oakridge International LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Oakridge International's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Oakridge International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oakridge International Ltd (ASX:OAK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

U9O:Germany

Address

89 Pirie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.oakridgeint.com

Oakridge International Ltd is an Australian ax (IoT) technology business. It has developed revolutionary technology that allows anyone using their smartphone to connect and control electronic devices, embedded with ADRC (Auto Discovery Remote Control). It serves consumers, manufacturers, retailers, and data centers, as well as the healthcare sector. The company has four operating segments: Technology development, Healthcare technology, Geothermal projects and Corporate. Geographically, it operates within Australia.