OMWS (Omnia Wellness) LT-Debt-to-Total-Asset: 0.19 (As of Sep. 2022)


What is Omnia Wellness LT-Debt-to-Total-Asset?

Omnia Wellness OMWS LT-Debt-to-Total-Asset is 0.19 as of Sep. 2022.

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. Omnia Wellness's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.19.

Omnia Wellness's long-term debt to total assets ratio increased from Sep. 2021 (0.07) to Sep. 2022 (0.19). It may suggest that Omnia Wellness is progressively becoming more dependent on debt to grow their business.

Omnia Wellness  (OTCPK:OMWS) 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.

Omnia Wellness LT-Debt-to-Total-Asset Related Terms

Omnia Wellness LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Omnia Wellness'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.

Omnia Wellness LT-Debt-to-Total-Asset Chart

Omnia Wellness Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.59 0.78

Omnia Wellness Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.00 0.78 0.20 0.19

Omnia Wellness LT-Debt-to-Total-Asset Calculation

Omnia Wellness's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (A: Mar. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2022 )/Total Assets (A: Mar. 2022 )
=1.837/2.362
=0.78

Omnia Wellness's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=0.412/2.137
=0.19

* 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 0.19 mean?
Omnia Wellness (OMWS) has a LT-Debt-to-Total-Asset of 0.19 as of Sep. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Omnia Wellness and its competitors.
Is Omnia Wellness' LT-Debt-to-Total-Asset too high?
Omnia Wellness' current LT-Debt-to-Total-Asset is 0.19.
How does Omnia Wellness' LT-Debt-to-Total-Asset compare to CNXA and BTN?
Omnia Wellness' LT-Debt-to-Total-Asset of 0.19 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure 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 Omnia Wellness and its competitors. Omnia Wellness's current LT-Debt-to-Total-Asset is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omnia Wellness stock overvalued right now?
Omnia Wellness (OMWS) has a current LT-Debt-to-Total-Asset of 0.19. The current LT-Debt-to-Total-Asset is 0.19. 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 Omnia Wellness (OMWS), the current LT-Debt-to-Total-Asset is 0.19 as of Sep. 2022. 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.

Omnia Wellness Business Description

Address 999 18th Street, Suite 3000, Denver, CO, USA, 80202
Omnia Wellness Inc Endo-Kinetic treatment provides a dynamic and effective full-body treatment to help soothe the body from pain, stress and exercise. Through SolaJet, AquaVive, SolaPro and Bodystop brands, the company is delivering wellness and value to users and professionals across the United States. Its flagship proprietary SolaJet Dry-Hydrotherapy System produces deep tissue penetration combined with therapeutic heat and sequential compression that combines three therapies in one to deliver the feeling of an hour-long traditional massage in as little as 15 minutes at an affordable price point for the user.