Oman Packaging CoOG (MUS:OPCI) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Oman Packaging CoOG 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. Oman Packaging CoOG's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Oman Packaging CoOG's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.06). It may suggest that Oman Packaging CoOG is progressively becoming more dependent on debt to grow their business.

Oman Packaging CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oman Packaging CoOG'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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Oman Packaging CoOG LT-Debt-to-Total-Asset Chart

Oman Packaging CoOG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.06

0.02

0.06

Oman Packaging CoOG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.03	0.06	0.06	0.06

Oman Packaging CoOG LT-Debt-to-Total-Asset Calculation

Oman Packaging CoOG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.594	/	10.887
	=	0.05

Oman Packaging CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.594	/	10.887
	=	0.05

Oman Packaging CoOG (MUS:OPCI) 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.

Oman Packaging CoOG LT-Debt-to-Total-Asset Related Terms

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Oman Packaging CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Oman Packaging Co SAOG (MUS:OPCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Rusayl Industrial Estate, P.O.Box.99, Sultanate of Oman, Muscat, OMN, 124

Website

https://www.omanipackaging.com

Oman Packaging Co SAOG is engaged in the manufacturing and selling of various types of paper packaging materials. Its product range includes corrugated boxes and a variety of cartons including regular slotted cartons, die-cut wrap-around, telescopic top and bottom, single-face corrugated rolls for cushioning and protection, and wax-lined cartons for frozen products. The company offers its products to the industrial, agricultural, and household sectors.

Oman Packaging CoOG Headlines

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