Olam Group (Olam Group) LT-Debt-to-Total-Asset : 0.37 (As of Jun. 2023)

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What is Olam Group 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. Olam Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.37.

Olam Group's long-term debt to total assets ratio increased from Jun. 2022 (0.24) to Jun. 2023 (0.37). It may suggest that Olam Group is progressively becoming more dependent on debt to grow their business.

Olam Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Olam Group'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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Olam Group LT-Debt-to-Total-Asset Chart

Olam Group Annual Data

Trend

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.28

0.24

0.28

0.30

0.34

Olam Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.30	0.24	0.34	0.37

Olam Group LT-Debt-to-Total-Asset Calculation

Olam Group'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 )
	=	8102.536	/	23637.965
	=	0.34

Olam Group'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 )
	=	8869.301	/	24233.523
	=	0.37

Olam Group (OTCPK:OLGPF) 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.

Olam Group LT-Debt-to-Total-Asset Related Terms

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Olam Group (Olam Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (OTCPK:OLGPF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VC2:Singapore K25:Germany

Address

7 Straits View, Marina One East Tower, No. 20-01, Singapore, SGP, 018936

Website

https://www.olamgroup.com

Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company's operating segments include Olam Food Ingredients; Olam Global Agri and Olam International Limited. It generates maximum revenue from the Olam Global Agri segment. Geographically, it derives a majority of its revenue from Asia, the Middle East and Australia. Some of its products include Cocoa, Coffee, Cotton, Nuts, and Spices.

Olam Group (Olam Group) Headlines

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