Oman Refreshment CoOG (MUS:ORCI) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2021)

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What is Oman Refreshment 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 Refreshment CoOG's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.01.

Oman Refreshment CoOG's long-term debt to total assets ratio declined from Dec. 2019 (0.06) to Dec. 2021 (0.01). It may suggest that Oman Refreshment CoOG is progressively becoming less dependent on debt to grow their business.

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

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

Oman Refreshment CoOG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.02

0.06

0.03

0.01

Oman Refreshment CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.02	-	0.06	0.03	0.01

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

Oman Refreshment CoOG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	1.626	/	130.012
	=	0.01

Oman Refreshment CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )	/	Total Assets (Q: Dec. 2021 )
	=	1.626	/	130.012
	=	0.01

Oman Refreshment CoOG (MUS:ORCI) 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 Refreshment CoOG LT-Debt-to-Total-Asset Related Terms

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Oman Refreshment CoOG (MUS:ORCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Oman Refreshment Co SAOG (MUS:ORCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Ghubra, C.P.O. Airport, P.O. Box 30, Muscat, OMN, 111

Website

https://www.pepsioman.com

Oman Refreshment Co SAOG is engaged in the business of filling and distribution of soft drinks, water, juices, and trading in consumer-packaged goods. The company holds franchise rights to produce, fill and distribute PepsiCo range of soft drinks and Aquafina water. It also trades in new edge beverages, and Frito Lays range of snacks and Quaker range of Oat products throughout the Sultanate of Oman. In addition, the group also produces and distributes juices under its own brand name Top Fruit. It generates most of the revenue from the sales of carbonated soft drinks products.

Oman Refreshment CoOG (MUS:ORCI) Headlines

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