Omnicell (STU:OC9) LT-Debt-to-Total-Asset : 0.27 (As of Mar. 2024)

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What is Omnicell 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. Omnicell's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.27.

Omnicell's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.27). It may suggest that Omnicell is progressively becoming less dependent on debt to grow their business.

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

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

Omnicell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.28

0.02

0.27

Omnicell Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.28	0.27	0.27	0.27

Omnicell LT-Debt-to-Total-Asset Calculation

Omnicell's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	553.476	/	2042.047
	=	0.27

Omnicell'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 )
	=	556.606	/	2101.055
	=	0.26

Omnicell (STU:OC9) 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.

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

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Omnicell (STU:OC9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Omnicell Inc (STU:OC9) » Definitions » LT-Debt-to-Total-Asset

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OMCL:USA

Address

2625 Augustine Drive, Suite 301, Santa Clara, CA, USA, 95054

Website

https://www.omnicell.com

Omnicell Inc provides automation and business analytics software for healthcare providers. The automation and analytics segment manufactures medication dispensing systems, pharmacy inventory management systems, and related software. The medication adherence segment sells products like consumable medication blister cards and packaging equipment to help administer medication outside of a hospital setting. Omnicell generates the vast majority of its revenue in the United States.

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