Ozop Energy Solutions (Ozop Energy Solutions) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Ozop Energy Solutions 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. Ozop Energy Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Ozop Energy Solutions's long-term debt to total assets ratio declined from Dec. 2022 (1.55) to Dec. 2023 (0.14). It may suggest that Ozop Energy Solutions is progressively becoming less dependent on debt to grow their business.

Ozop Energy Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ozop Energy Solutions'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.

Ozop Energy Solutions LT-Debt-to-Total-Asset Chart

Ozop Energy Solutions Annual Data

Trend

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.08

1.55

0.14

Ozop Energy Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.55	1.71	2.05	3.00	0.14

Ozop Energy Solutions LT-Debt-to-Total-Asset Calculation

Ozop Energy Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.521	/	3.785
	=	0.14

Ozop Energy Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.521	/	3.785
	=	0.14

Ozop Energy Solutions (OTCPK:OZSC) 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.

Ozop Energy Solutions LT-Debt-to-Total-Asset Related Terms

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

Ozop Energy Solutions (Ozop Energy Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ozop Energy Solutions Inc (OTCPK:OZSC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Ronald Reagan Boulevard, Warwick, NY, USA, 10990

Website

https://www.ozopenergy.com

Ozop Energy Solutions Inc is engaged in the renewable, electric vehicle, energy storage, and energy resiliency sectors. The company invents, designs, develops, manufactures, and distributes ultra-high power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. The components it distributes include PV panels, solar inverters, solar mounting systems, stationary batteries, onsite generators, and other associated electrical equipment and components that are all manufactured by multiple companies, both domestic and international.

Executives

Thomas J Mcleer	officer: Chief Operating Officer	20 BLUE HORIZON, LAGUNA NIGUEL CA 92677
Michael D Chermak	director, 10 percent owner, officer: CEO
Barry S Hollander	officer: CFO	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Salman J Chaudhry	director, officer: COO
Eric Siu	director, 10 percent owner	319 CLEMATIS STREET, SUITE 714, WEST PALM BEACH FL 33401
Rwo Medical Consulting Llc	10 percent owner	5227 W ADAMS AVE, #401, TEMPLE TX 76502