Om Holdings International (Om Holdings International) LT-Debt-to-Total-Asset : 0.58 (As of May. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Om Holdings International 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. Om Holdings International's long-term debt to total assests ratio for the quarter that ended in May. 2023 was 0.58.

Om Holdings International's long-term debt to total assets ratio increased from May. 2022 (0.51) to May. 2023 (0.58). It may suggest that Om Holdings International is progressively becoming more dependent on debt to grow their business.

Om Holdings International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Om Holdings International'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.

Om Holdings International LT-Debt-to-Total-Asset Chart

Om Holdings International Annual Data

Trend

May08

May09

May10

May11

May12

May13

May14

May15

Aug21

Aug22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.55

0.56

Om Holdings International Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	May13	May14	May15	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.51	0.56	0.55	0.57	0.58

Om Holdings International LT-Debt-to-Total-Asset Calculation

Om Holdings International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2022 is calculated as

LT Debt to Total Assets (A: Aug. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2022 )	/	Total Assets (A: Aug. 2022 )
	=	30.985	/	55.345
	=	0.56

Om Holdings International's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2023 is calculated as

LT Debt to Total Assets (Q: May. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2023 )	/	Total Assets (Q: May. 2023 )
	=	33.646	/	58.451
	=	0.58

Om Holdings International (OTCPK:OMHI) 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.

Om Holdings International LT-Debt-to-Total-Asset Related Terms

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

Om Holdings International (Om Holdings International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Om Holdings International Inc (OTCPK:OMHI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1221 Brickell Ave, Suite 900, Miami, FL, USA, 33131

Website

https://www.omholdingsinc.com

Om Holdings International Inc is involved in wholesaling and retailing foods and household merchandise. The company also provides Information technology Services and also is in the business of building material supply.

Executives

Paul Luna Belfiore

director, 10 percent owner, officer: President,Secretary,Treasurer

CALLE VUEN RETIRO 155, DPTO 404, CHACARILLA DEL ESTANQUE, SAN BORJA, LIMA R5 41