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Ormat Industries (XTAE:ORMT) LT-Debt-to-Total-Asset : 0.45 (As of Sep. 2014)


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What is Ormat Industries 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. Ormat Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2014 was 0.45.

Ormat Industries's long-term debt to total assets ratio declined from Sep. 2013 (0.46) to Sep. 2014 (0.45). It may suggest that Ormat Industries is progressively becoming less dependent on debt to grow their business.

Ormat Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ormat Industries'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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Ormat Industries LT-Debt-to-Total-Asset Chart

Ormat Industries Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.20 0.36 0.42 0.46 0.46

Ormat Industries Quarterly Data
Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.46 0.46 0.43 0.43 0.45

Ormat Industries LT-Debt-to-Total-Asset Calculation

Ormat Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=3692.872/7994.752
=0.46

Ormat Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

LT Debt to Total Assets (Q: Sep. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2014 )/Total Assets (Q: Sep. 2014 )
=3579.787/8040.956
=0.45

* 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.

Ormat Industries  (XTAE:ORMT) 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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