Ostrom Climate Solutions (TSXV:COO) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2023)

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What is Ostrom Climate Solutions 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. Ostrom Climate Solutions's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.10.

Ostrom Climate Solutions's long-term debt to total assets ratio declined from Sep. 2022 (0.18) to Sep. 2023 (0.10). It may suggest that Ostrom Climate Solutions is progressively becoming less dependent on debt to grow their business.

Ostrom Climate Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ostrom Climate Solutions'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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Ostrom Climate Solutions LT-Debt-to-Total-Asset Chart

Ostrom Climate Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.03

0.05

0.13

Ostrom Climate Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.13	0.11	0.11	0.10

Ostrom Climate Solutions LT-Debt-to-Total-Asset Calculation

Ostrom Climate Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.297	/	2.35
	=	0.13

Ostrom Climate Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.286	/	2.896
	=	0.10

Ostrom Climate Solutions (TSXV:COO) 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.

Ostrom Climate Solutions LT-Debt-to-Total-Asset Related Terms

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Ostrom Climate Solutions (TSXV:COO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ostrom Climate Solutions Inc (TSXV:COO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

9EAA:Germany

Address

948 Homer Street, Suite 300, Vancouver, BC, CAN, V6B 2W7

Website

https://www.ostromclimate.com

Ostrom Climate Solutions Inc is engaged in providing carbon management solutions. The services offered by the company include Climate Solutions Advisory, Nature-Based Solutions, and Clean Technology and Industrial Innovation. The company has one reportable segment operating in Canada and the United States, being that of the development and sale of VERs and advisory services.

Executives

Christopher Morris

Director