Oliver's Real Food (ASX:OLI) LT-Debt-to-Total-Asset : 1.50 (As of Dec. 2023)

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What is Oliver's Real Food 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. Oliver's Real Food's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 1.50.

Oliver's Real Food's long-term debt to total assets ratio declined from Dec. 2022 (1.51) to Dec. 2023 (1.50). It may suggest that Oliver's Real Food is progressively becoming less dependent on debt to grow their business.

Oliver's Real Food LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oliver's Real Food'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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Oliver's Real Food LT-Debt-to-Total-Asset Chart

Oliver's Real Food Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.03

0.76

0.91

2.35

1.89

Oliver's Real Food Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									2.05	2.35	1.51	1.89	1.50

Oliver's Real Food LT-Debt-to-Total-Asset Calculation

Oliver's Real Food's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	17.695	/	9.385
	=	1.89

Oliver's Real Food'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 )
	=	24.466	/	16.345
	=	1.50

Oliver's Real Food (ASX:OLI) 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.

Oliver's Real Food LT-Debt-to-Total-Asset Related Terms

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Oliver's Real Food (ASX:OLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oliver's Real Food Ltd (ASX:OLI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

36S:Germany

Address

5 Lenton Place, Level 1, North Rocks, NSW, AUS, 2151

Website

https://www.oliversrealfood.com.au

Oliver's Real Food Ltd engages in fast-food services specializing in delicious, nutrient-dense meals, designed with the customers' wellbeing in mind. Its food is prepared daily from fresh, natural, and organic produce - nothing artificial and no additives. Some of its product includes Coffee, Breakfast, and Snack items.

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