Noratis AG (HAM:NUVA) Debt-to-Asset : 0.09 (As of Jun. 2023)

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What is Noratis AG Debt-to-Asset?

Noratis AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €1.47 Mil. Noratis AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €39.41 Mil. Noratis AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was €482.72 Mil. Noratis AG's debt to asset for the quarter that ended in Jun. 2023 was 0.08.

Noratis AG Debt-to-Asset Historical Data

The historical data trend for Noratis AG'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.

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Noratis AG Debt-to-Asset Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

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0.02

0.78

0.77

0.81

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Asset	Get a 7-Day Free Trial											0.08	0.77	0.09	0.81	0.09

Competitive Comparison of Noratis AG's Debt-to-Asset

For the Real Estate - Development subindustry, Noratis AG'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.

Noratis AG's Debt-to-Asset Distribution in the Real Estate Industry

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

* The bar in red indicates where Noratis AG's Debt-to-Asset falls into.

Noratis AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Noratis AG's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(29.299	+	369.391)	/	494.012
	=	0.81

Noratis AG's Debt-to-Asset for the quarter that ended in Jun. 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
	=	(1.469	+	39.408)	/	482.724
	=	0.08

Noratis AG (HAM:NUVA) 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.

Noratis AG Debt-to-Asset Related Terms

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Noratis AG (HAM:NUVA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.