GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ovivo Inc (OTCPK:LVGAF) » Definitions » LT-Debt-to-Total-Asset

Ovivo (LVGAF) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2016)


View and export this data going back to 2010. Start your Free Trial

What is Ovivo 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. Ovivo's long-term debt to total assests ratio for the quarter that ended in Jun. 2016 was 0.08.

Ovivo's long-term debt to total assets ratio declined from Jun. 2015 (0.12) to Jun. 2016 (0.08). It may suggest that Ovivo is progressively becoming less dependent on debt to grow their business.


Ovivo LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ovivo'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.

Ovivo LT-Debt-to-Total-Asset Chart

Ovivo Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.11 0.10 0.11 0.08

Ovivo Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.12 0.10 0.09 0.08 0.08

Ovivo LT-Debt-to-Total-Asset Calculation

Ovivo's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (A: Mar. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2016 )/Total Assets (A: Mar. 2016 )
=18.916/242.289
=0.08

Ovivo's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (Q: Jun. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2016 )/Total Assets (Q: Jun. 2016 )
=19.4/252.554
=0.08

* 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.


Ovivo  (OTCPK:LVGAF) 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.


Ovivo LT-Debt-to-Total-Asset Related Terms

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


Ovivo (LVGAF) Business Description

Traded in Other Exchanges
N/A
Address
Ovivo Inc was incorporated in May 15, 2007 in Canada. The Company is a provider of technological solutions used in water treatment well as in pulp and paper production. The Corporation operates in more than 25 countries. The Company and its subsidiaries conduct their activities in two main groups: Ovivo and GL&V Pulp and Paper. The Water Treatment Group (Ovivo) designs and markets treatment and recycling solutions and components for municipal and industrial wastewater as well as water used in various industrial processes. The Group also develops seawater desalination technologies and offers water intake screening solutions for power stations, refineries and water desalination facilities. With its technological portfolio, it is positioned to provide comprehensive solutions for the filtration, clarification, treatment and purification of water to be returned into the environment, re-used in various industrial processes or used for domestic purposes. The pulp and paper Group designs and markets equipment used in various stages of paper production, from pulp preparation to sheet formation and finishing. It also serves with rebuilding, upgrading and optimization services for existing equipment, as well as the sale of replacement parts. The Company operates in following geographic segment: United States, Canada, United Kingdom, Other - Europe and Russia, Asia and Asia-Pacific, Middle East and Africa & Latin America.