OMHE (Omni Health) LT-Debt-to-Total-Asset: 0.01 (As of Jan. 2017)


What is Omni Health LT-Debt-to-Total-Asset?

Omni Health OMHE -96.67% LT-Debt-to-Total-Asset is 0.01 as of Jan. 2017.

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. Omni Health's long-term debt to total assests ratio for the quarter that ended in Jan. 2017 was 0.01.

Omni Health's long-term debt to total assets ratio increased from Jan. 2016 (0.00) to Jan. 2017 (0.01). It may suggest that Omni Health is progressively becoming more dependent on debt to grow their business.

Omni Health  (OTCPK:OMHE) 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.

Omni Health LT-Debt-to-Total-Asset Related Terms

Omni Health LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Omni Health'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.

Omni Health LT-Debt-to-Total-Asset Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
LT-Debt-to-Total-Asset
0.00 0.00 0.00

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.01 0.00 0.01

Omni Health LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Apr. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2016 )/Total Assets (A: Apr. 2016 )
=0/0.058
=0.00

Omni Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2017 is calculated as

LT Debt to Total Assets (Q: Jan. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2017 )/Total Assets (Q: Jan. 2017 )
=0.024/5.015
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Omni Health (OMHE) has a LT-Debt-to-Total-Asset of 0.01 as of Jan. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Omni Health and its competitors.
Is Omni Health's LT-Debt-to-Total-Asset too high?
Omni Health's current LT-Debt-to-Total-Asset is 0.01.
How does Omni Health's LT-Debt-to-Total-Asset compare to MYDP and HEWA?
Omni Health's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Healthcare Providers & Services company?
A good LT-Debt-to-Total-Asset depends on the Healthcare Providers & Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Omni Health and its competitors. Omni Health's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omni Health stock overvalued right now?
Omni Health (OMHE) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Omni Health (OMHE), the current LT-Debt-to-Total-Asset is 0.01 as of Jan. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Omni Health Business Description

Address 400 W 41st Street, Suite 506, Miami Beach, FL, USA, 33140
Omni Health Inc is a vertically integrated healthcare company operating a pharmacy provider and focused on developing and distributing anti-aging products.