Modulight (OHEL:MODU) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Modulight 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. Modulight's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Modulight's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.05). It may suggest that Modulight is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Modulight'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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Modulight LT-Debt-to-Total-Asset Chart

Modulight Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.23

0.09

0.08

0.07

0.05

Modulight Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.07	0.07	0.06	0.05	0.05

Modulight LT-Debt-to-Total-Asset Calculation

Modulight'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 )
	=	2.791	/	56.296
	=	0.05

Modulight'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 )
	=	2.791	/	56.296
	=	0.05

Modulight (OHEL:MODU) 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.

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

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Modulight Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Modulight Corp (OHEL:MODU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

78W:Germany

Address

Hermiankatu 22, Tampere, FIN, 33720

Website

https://www.modulight.com

Modulight Corp is a biomedical company that designs and manufactures laser devices for the treatment of cancer and eye diseases and for genetics. The company also manufactures products for other high value-add applications such as quantum computing.

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