OMI (Owens & Minor) LT-Debt-to-Total-Asset : 0.45 (As of Dec. 2024)

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What is Owens & Minor 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. Owens & Minor's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.45.

Owens & Minor's long-term debt to total assets ratio increased from Dec. 2023 (0.42) to Dec. 2024 (0.45). It may suggest that Owens & Minor is progressively becoming more dependent on debt to grow their business.

Owens & Minor LT-Debt-to-Total-Asset Historical Data

The historical data trend for Owens & Minor'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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Owens & Minor LT-Debt-to-Total-Asset Chart

Owens & Minor Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.33

0.31

0.50

0.42

0.45

Owens & Minor 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															0.42	0.43	0.41	0.42	0.45

Owens & Minor LT-Debt-to-Total-Asset Calculation

Owens & Minor'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 )
	=	2094.608	/	4656.156
	=	0.45

Owens & Minor'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 )
	=	2094.608	/	4656.156
	=	0.45

Owens & Minor (NYSE:OMI) 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.

Owens & Minor LT-Debt-to-Total-Asset Related Terms

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Owens & Minor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Owens & Minor Inc (NYSE:OMI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6OM:Germany

Address

10900 Nuckols Road, Suite 400, Glen Allen, VA, USA, 23060

Website

https://www.owens-minor.com

Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment manufactures and sources medical surgical products through its production and kitting operations and provides medical supplies and solutions for the prevention of healthcare-associated infections across the acute and alternate site channels. The Patient Direct segment provides delivery of disposable medical supplies sold directly to patients and home health agencies. Majority of the revenue is generated from Products & Healthcare Services segment.

Executives

Jonathan A Leon	officer: SVP, Corporate Treasurer	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Snehashish Sarkar	other: Chief Information Officer	OWENS & MINOR INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Perry A Bernocchi	officer: EVP & CEO Patient Direct	OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Mark A Beck	director	2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Alexander J Bruni	officer: EVP, CFO	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Heath H Galloway	officer: EVP,General Counsel & CorpSecy	OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Michael Wayne Lowry	other: & Interim Chief Acctg Officer	9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Edward A Pesicka	director, officer: President & CEO	9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Robert J Henkel	director	C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Carissa Rollins	director	5200 ILLUMINA WAY, SAN DIEGO CA 92122
Tammy L Gomez	officer: EVP, CHRO	OWENS & MINOR, INC., 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Jeffrey T Jochims	officer: EVP, Strategy & Solutions	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Teresa L. Kline	director	C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Rita Johnson-mills	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Gwendolyn M Bingham	director	C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116