Oxide (TSE:6521) LT-Debt-to-Total-Asset : 0.37 (As of Nov. 2024)

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What is Oxide 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. Oxide's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.37.

Oxide's long-term debt to total assets ratio declined from Nov. 2023 (0.47) to Nov. 2024 (0.37). It may suggest that Oxide is progressively becoming less dependent on debt to grow their business.

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

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

Oxide Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

LT-Debt-to-Total-Asset

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0.40

0.27

0.23

0.35

Oxide Quarterly Data
	Feb19	Feb20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.34	0.32	0.37	0.35

Oxide LT-Debt-to-Total-Asset Calculation

Oxide's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (A: Feb. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2025 )	/	Total Assets (A: Feb. 2025 )
	=	6361.368	/	18206.085
	=	0.35

Oxide's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	6542.526	/	17703.485
	=	0.37

Oxide (TSE:6521) 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.

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

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Oxide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Oxide Corp (TSE:6521) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

1747-1 Maginohara, Mukawa, Hokuto, Yamanashi, JPN, 408-0302

Website

https://www.opt-oxide.com

Oxide Corp is engaged in the development, manufacture, and sales of oxide single crystals, optical components, laser light sources, and measurement systems in the field of optics.

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