SUFF (Ophir Resources Co) LT-Debt-to-Total-Asset: 0.02 (As of Jun. 2098)


What is Ophir Resources Co LT-Debt-to-Total-Asset?

Ophir Resources Co SUFF -99.50% LT-Debt-to-Total-Asset is 0.02 as of Jun. 2098.

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. Ophir Resources Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2098 was 0.02.

Ophir Resources Co's long-term debt to total assets ratio declined from Jun. 2097 (0.06) to Jun. 2098 (0.02). It may suggest that Ophir Resources Co is progressively becoming less dependent on debt to grow their business.

Ophir Resources Co  (OTCPK:SUFF) 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.

Ophir Resources Co LT-Debt-to-Total-Asset Related Terms

Ophir Resources Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Ophir Resources Co'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.

Ophir Resources Co LT-Debt-to-Total-Asset Chart

Ophir Resources Co Annual Data
Trend Dec94 Dec95 Dec96 Dec97
LT-Debt-to-Total-Asset
0.06 0.08 0.03 0.02

Ophir Resources Co Quarterly Data
Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98
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 0.06 0.06 0.02 0.04 0.02

Ophir Resources Co LT-Debt-to-Total-Asset Calculation

Ophir Resources Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2097 is calculated as

LT Debt to Total Assets (A: Dec. 2097 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2097 )/Total Assets (A: Dec. 2097 )
=0.5/28.9
=0.02

Ophir Resources Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2098 is calculated as

LT Debt to Total Assets (Q: Jun. 2098 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2098 )/Total Assets (Q: Jun. 2098 )
=0.5/20.8
=0.02

* 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 0.02 mean?
Ophir Resources Co (SUFF) has a LT-Debt-to-Total-Asset of 0.02 as of Jun. 2098. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ophir Resources Co and its competitors.
Is Ophir Resources Co's LT-Debt-to-Total-Asset too high?
Ophir Resources Co's current LT-Debt-to-Total-Asset is 0.02.
How does Ophir Resources Co's LT-Debt-to-Total-Asset compare to competitors?
Ophir Resources Co's LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good LT-Debt-to-Total-Asset depends on the Manufacturing - Apparel & Accessories 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 Ophir Resources Co and its competitors. Ophir Resources Co's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ophir Resources Co stock overvalued right now?
Ophir Resources Co (SUFF) has a current LT-Debt-to-Total-Asset of 0.02. The current LT-Debt-to-Total-Asset is 0.02. 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 Ophir Resources Co (SUFF), the current LT-Debt-to-Total-Asset is 0.02 as of Jun. 2098. 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.

Ophir Resources Co Business Description

Address 701 South Howard Avenue, Suite 106-414, Tampa, FL, USA, 33606
Ophir Resources Co is an apparel design and manufacturer company. It manufactures men's and women's clothing.