Oron Group Investments & Holdings (XTAE:ORON) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is Oron Group Investments & Holdings 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. Oron Group Investments & Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

Oron Group Investments & Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.11) to Mar. 2024 (0.16). It may suggest that Oron Group Investments & Holdings is progressively becoming more dependent on debt to grow their business.

Oron Group Investments & Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oron Group Investments & Holdings'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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Oron Group Investments & Holdings LT-Debt-to-Total-Asset Chart

Oron Group Investments & Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.13

0.15

0.11

0.14

0.11

Oron Group Investments & Holdings Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.11	0.11	0.10	0.13	0.16

Oron Group Investments & Holdings LT-Debt-to-Total-Asset Calculation

Oron Group Investments & Holdings'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 )
	=	130.703	/	1181.499
	=	0.11

Oron Group Investments & Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	214.447	/	1376.235
	=	0.16

Oron Group Investments & Holdings (XTAE:ORON) 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.

Oron Group Investments & Holdings LT-Debt-to-Total-Asset Related Terms

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Oron Group Investments & Holdings (XTAE:ORON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Oron Group Investments & Holdings Ltd (XTAE:ORON) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Yehuda Hanachtom Street, Beltech Building, Beersheba, ISR

Website

http://www.oron-group.co.il

Oron Group Investments & Holdings Ltd is a civil engineering and development company. It is engaged in infrastructure, civil engineering, industrial and residential construction. The Company manages several companies and subsidiaries in the field of civil engineering,industry, infrastructure, development and contracting. It has engineering projects in Israel and abroad.

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