Orbit Technologies (XTAE:ORBI) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Orbit Technologies 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. Orbit Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Orbit Technologies's long-term debt to total assets ratio increased from Dec. 2023 (0.08) to Dec. 2024 (0.08). It may suggest that Orbit Technologies is progressively becoming more dependent on debt to grow their business.

Orbit Technologies LT-Debt-to-Total-Asset Historical Data

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

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.12

0.09

0.08

Orbit Technologies Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.08	0.07	0.07	0.07	0.08

Orbit Technologies LT-Debt-to-Total-Asset Calculation

Orbit Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	34.243	/	439.912
	=	0.08

Orbit Technologies'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 )
	=	34.243	/	439.912
	=	0.08

Orbit Technologies (XTAE:ORBI) 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.

Orbit Technologies LT-Debt-to-Total-Asset Related Terms

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Orbit Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

https://www.orbit-cs.com

Orbit Technologies Ltd is a provider of airborne communications, satellite-tracking, maritime, ground-station and new space solutions for commercial and government establishments. Its products include Audio Management System, Maritime SATCOM, Airborne Audio Management System, Maritime SATCOM, etc.

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