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BEOLF (Beyond Oil) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)


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What is Beyond Oil 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. Beyond Oil's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Beyond Oil's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Sep. 2024 (0.01). It may suggest that Beyond Oil is progressively becoming less dependent on debt to grow their business.


Beyond Oil LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beyond Oil'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.

Beyond Oil LT-Debt-to-Total-Asset Chart

Beyond Oil Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.02 0.04 0.01

Beyond Oil Quarterly Data
Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.01 0.01 0.01

Beyond Oil LT-Debt-to-Total-Asset Calculation

Beyond Oil's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0.035/4.272
=0.01

Beyond Oil's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0.039/6.523
=0.01

* 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.


Beyond Oil  (OTCPK:BEOLF) 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.


Beyond Oil LT-Debt-to-Total-Asset Related Terms

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Beyond Oil Business Description

Traded in Other Exchanges
Address
1208 Rosewood Crescent, North Vancouver, Vancouver, BC, CAN, V7P1H4
Beyond Oil Ltd is a food-tech company that has developed a solution to reduce free fatty acid from oil while preserving the oil's quality and nutritional value. The company develops products that extend the usable life of frying oil improve food quality and reduce frying oil costs. It offers FryDay which is an active filter powder that eliminates harmful Free Fatty Acids (FFA) generated in the oil. Geographically the company generates the majority of its revenue from Israel followed by the United Kingdom and the United States.