Vitarich (PHS:VITA) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Vitarich 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. Vitarich's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Vitarich's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.02). It may suggest that Vitarich is progressively becoming less dependent on debt to grow their business.

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

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

Vitarich Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.03

0.02

Vitarich 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															0.02	0.02	0.02	0.03	0.02

Vitarich LT-Debt-to-Total-Asset Calculation

Vitarich'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 )
	=	117.062	/	5783.607
	=	0.02

Vitarich'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 )
	=	117.062	/	5783.607
	=	0.02

Vitarich (PHS:VITA) 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.

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

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Vitarich Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vitarich Corp (PHS:VITA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Marilao-San Jose Road, Sta. Rosa I, Marilao, Bulacan, PHL, 3019

Website

https://www.vitarich.com

Vitarich Corp is engaged in manufacturing, growing, and selling feeds and livestock located in the Philippines. The company is engaged in manufacturing, preparing, processing, mixing, and dealing with feeds, foodstuffs, grains, and commodities of every description for poultry, livestock, and all kinds of animal feeding. It operates through the following segments; the food segment grows, produces, and distributes chicken and broilers both live or dressed distributed among wet markets and supermarkets; the Feeds segment is the manufacturing and distribution of animal and aqua feeds, animal health and nutritional products, and feed supplements; Farms division includes the production of day-old chicks and pullets and the Corporate segment includes general and corporate affairs of the company.

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