Ordissimo (XPAR:ALORD) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Ordissimo 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. Ordissimo's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.13.

Ordissimo's long-term debt to total assets ratio increased from Jun. 2022 (0.12) to Jun. 2023 (0.13). It may suggest that Ordissimo is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Ordissimo'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.

Ordissimo LT-Debt-to-Total-Asset Chart

Ordissimo Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.03

0.05

0.14

0.07

Ordissimo Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.22	0.14	0.12	0.07	0.13

Ordissimo LT-Debt-to-Total-Asset Calculation

Ordissimo'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 )
	=	1.073	/	14.802
	=	0.07

Ordissimo's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	1.419	/	11.006
	=	0.13

Ordissimo (XPAR:ALORD) 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.

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

Thank you for viewing the detailed overview of Ordissimo's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ordissimo (XPAR:ALORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ordissimo SA (XPAR:ALORD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

7LK:Germany

Address

33 Avenue Leon, Gambetta, Montrouge, FRA, 92120

Website

https://www.ordissimo.com

Ordissimo SA is engaged in the design and manufacturing of computer for beginners. The company has developed a simple to use operating system, based on GNU Linux Debian, and on other free software, as Thunderbird, Xulrunner, OpenOffice, and Xine. It also offers equipment, such as a memory disk and mouse products, tote bags, protective covers for smartphones, and screen cleaners. The company now has more than 250 sales outlets in France, Germany, Belgium, and Switzerland.

Ordissimo (XPAR:ALORD) Headlines

No Headlines