GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (FRA:K25) » Definitions » LT-Debt-to-Total-Asset

Olam Group (FRA:K25) LT-Debt-to-Total-Asset : 0.37 (As of Jun. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Olam Group 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. Olam Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.37.

Olam Group's long-term debt to total assets ratio increased from Jun. 2022 (0.24) to Jun. 2023 (0.37). It may suggest that Olam Group is progressively becoming more dependent on debt to grow their business.


Olam Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Olam Group'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.

Olam Group LT-Debt-to-Total-Asset Chart

Olam Group Annual Data
Trend Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.24 0.28 0.30 0.34

Olam Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.30 0.24 0.34 0.37

Olam Group LT-Debt-to-Total-Asset Calculation

Olam Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=7648.794/22314.239
=0.34

Olam Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=8186.365/22367.541
=0.37

* 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.


Olam Group  (FRA:K25) 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.


Olam Group LT-Debt-to-Total-Asset Related Terms

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


Olam Group (FRA:K25) Business Description

Traded in Other Exchanges
Address
7 Straits View, Marina One East Tower, No. 20-01, Singapore, SGP, 018936
Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company's operating segments include Olam Food Ingredients; Olam Global Agri and Olam International Limited. It generates maximum revenue from the Olam Global Agri segment. Geographically, it derives a majority of its revenue from Asia, the Middle East and Australia. Some of its products include Cocoa, Coffee, Cotton, Nuts, and Spices.

Olam Group (FRA:K25) Headlines

No Headlines