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Oragin Foods (TSXV:OG.H) LT-Debt-to-Total-Asset : 0.30 (As of Jul. 2022)


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What is Oragin Foods 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. Oragin Foods's long-term debt to total assests ratio for the quarter that ended in Jul. 2022 was 0.30.

Oragin Foods's long-term debt to total assets ratio declined from Jul. 2021 (0.41) to Jul. 2022 (0.30). It may suggest that Oragin Foods is progressively becoming less dependent on debt to grow their business.


Oragin Foods LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oragin Foods'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.

* Premium members only.

Oragin Foods LT-Debt-to-Total-Asset Chart

Oragin Foods Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 - 0.65 0.64 0.29

Oragin Foods Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 Premium Member Only Premium Member Only 0.41 0.30 0.29 0.30 0.30

Oragin Foods LT-Debt-to-Total-Asset Calculation

Oragin Foods's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2022 is calculated as

LT Debt to Total Assets (A: Jan. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2022 )/Total Assets (A: Jan. 2022 )
=7.661/26.232
=0.29

Oragin Foods's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2022 is calculated as

LT Debt to Total Assets (Q: Jul. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2022 )/Total Assets (Q: Jul. 2022 )
=7.359/24.637
=0.30

* 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.


Oragin Foods  (TSXV:OG.H) 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.


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Oragin Foods (TSXV:OG.H) Business Description

Traded in Other Exchanges
N/A
Address
579 Kerr Street, Oakville, ON, CAN, V6B 4M9
Oragin Foods Inc is a Canadian multi-pronged food company, that owns and operates canada's natural and organic food retailers, where new and innovativefood and beverage brands are developed, acquired, grown and commercialized through a Consumer-Packaged Goods (CPG) Division.

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