Orora (ORRYY) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is Orora 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. Orora's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Orora's long-term debt to total assets ratio declined from Dec. 2023 (0.39) to Dec. 2024 (0.11). It may suggest that Orora is progressively becoming less dependent on debt to grow their business.

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

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

Orora Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.25

0.31

0.30

0.31

0.39

Orora Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.31	0.39	0.39	0.11

Orora LT-Debt-to-Total-Asset Calculation

Orora's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	1535.923	/	3979.216
	=	0.39

Orora'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 )
	=	327.042	/	2931.856
	=	0.11

Orora (OTCPK:ORRYY) 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.

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

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Orora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Orora Ltd (OTCPK:ORRYY) » Definitions » LT-Debt-to-Total-Asset

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ORRAF:USA OORD:Germany ORA:Australia

Address

109-133 Burwood Road, Hawthorn, Melbourne, VIC, AUS, 3122

Website

https://www.ororagroup.com

Orora produces glass bottles and aluminum cans for the beverage industry. In Australia, it manufactures glass bottles for the wine industry, and aluminum cans for soft drink, alcohol, and specialty drink producers. It is the largest aluminum can manufacturer in Australia, producing about two-thirds of volumes. Orora's acquisition of Saverglass in fiscal 2024 has increased its global footprint. Here, it produces glass bottles, mainly for premium and ultrapremium spirit and wine brands in Europe, Mexico, and North America. It is one of four global players in this category. The company sold its more commoditized North American cardboard and plastic packaging segment for AUD 1.8 billion, with the sale of the business completing in late 2024.