Oceanus Group (SGX:579) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Oceanus Group 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. Oceanus Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Oceanus Group's long-term debt to total assets ratio declined from Dec. 2023 (0.13) to Dec. 2024 (0.08). It may suggest that Oceanus Group is progressively becoming less dependent on debt to grow their business.

Oceanus Group LT-Debt-to-Total-Asset Historical Data

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

Oceanus Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.17

0.11

0.17

0.13

0.08

Oceanus Group 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															0.17	0.19	0.13	0.15	0.08

Oceanus Group LT-Debt-to-Total-Asset Calculation

Oceanus Group'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 )
	=	13.106	/	174.025
	=	0.08

Oceanus Group'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 )
	=	13.106	/	174.025
	=	0.08

Oceanus Group (SGX:579) 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.

Oceanus Group LT-Debt-to-Total-Asset Related Terms

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Oceanus Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Oceanus Group Ltd (SGX:579) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

25 Ubi Road 4, No. 03-05, UBIX, Singapore, SGP, 408621

Website

https://www.oceanus.com.sg

Oceanus Group Ltd is an investment holding company. The company along with its subsidiaries is engaged in the operation of hatcheries and fish farms, processing, curing, and preserving fish and other seafood. Its operating segments are; Trading, Consultancy, Live Marine products, and others. The Trading segment includes sales of processed marine products, sugar, beverages, and other commodities. The consultancy segment provides consultancy services related to media and marketing. The Live marine products segment includes the cultivation and sale of abalone and others. Its geographical segments include the People's Republic of China, Singapore, Hong Kong, Macau, and Thailand out of which the People's Republic of China contributes to the majority of the revenue.

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