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Nivika Fastigheter AB (FRA:Y5R) Debt-to-Asset : 0.46 (As of Feb. 2024)


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What is Nivika Fastigheter AB Debt-to-Asset?

Nivika Fastigheter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €11.66 Mil. Nivika Fastigheter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €451.37 Mil. Nivika Fastigheter AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was €1,013.98 Mil. Nivika Fastigheter AB's debt to asset for the quarter that ended in Feb. 2024 was 0.46.


Nivika Fastigheter AB Debt-to-Asset Historical Data

The historical data trend for Nivika Fastigheter AB's Debt-to-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.

* Premium members only.

Nivika Fastigheter AB Debt-to-Asset Chart

Nivika Fastigheter AB Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Asset
0.59 0.59 0.58 0.53 0.48

Nivika Fastigheter AB Quarterly Data
Aug19 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-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 0.54 0.47 0.48 0.49 0.46

Competitive Comparison of Nivika Fastigheter AB's Debt-to-Asset

For the Real Estate Services subindustry, Nivika Fastigheter AB's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nivika Fastigheter AB's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nivika Fastigheter AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nivika Fastigheter AB's Debt-to-Asset falls into.



Nivika Fastigheter AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nivika Fastigheter AB's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(11.021 + 439.011) / 931.352
=0.48

Nivika Fastigheter AB's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(11.658 + 451.371) / 1013.978
=0.46

* 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.


Nivika Fastigheter AB  (FRA:Y5R) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Nivika Fastigheter AB Debt-to-Asset Related Terms

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Nivika Fastigheter AB (FRA:Y5R) Business Description

Traded in Other Exchanges
Address
Ringvagen 38, Värnamo, SWE, 331 32
Nivika Fastigheter AB is a real estate company. Its main objectives is owning, managing, and developing properties.

Nivika Fastigheter AB (FRA:Y5R) Headlines

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