Organigram Global (TSX:OGI) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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

Organigram Global's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.02). It may suggest that Organigram Global is progressively becoming more dependent on debt to grow their business.

Organigram Global LT-Debt-to-Total-Asset Historical Data

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

Organigram Global Annual Data

Trend

Apr14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Sep24

LT-Debt-to-Total-Asset

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0.11

0.24

0.01

Organigram Global Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.01	0.02

Organigram Global LT-Debt-to-Total-Asset Calculation

Organigram Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	3.369	/	407.86
	=	0.01

Organigram Global'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 )
	=	8.484	/	479.207
	=	0.02

Organigram Global (TSX:OGI) 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.

Organigram Global LT-Debt-to-Total-Asset Related Terms

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Organigram Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Organigram Global Inc (TSX:OGI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OGI:USA 0OG0:Germany 0OG0:Germany

Address

145 King Street West, Suite 1400, Toronto, ON, CAN, M5H 1J8

Website

https://www.organigram.ca

OrganiGram Holdings Inc is engaged in producing indoor-grown cannabis for patients and adult recreational consumers in Canada. The company has also developed a portfolio of adult-use recreational cannabis brands including Edison, Big Bag o' Buds brands, SHRED, Monjour, Holy Mountain, and Trailblazer. Tremblant Cannabis, and artisanal craft brand, Laurentian are recent additions to Organigram's existing brand portfolio.

Executives

Paolo De Luca	Senior Officer
Dexter John	Director
Katrina May Mcfadden	Senior Officer
Donald Geoffrey Machum	Director
Stephen A. Smith	Director
Derrick West	Senior Officer
Sherry Porter	Director
Michel Bourque	Director
Kenneth Arnold Mitton	Director
Denis Joseph Robert Arsenault	10% Security Holder, Director, Senior Officer