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NOVA Technology (SZSE:300921) Debt-to-Asset : 0.03 (As of Mar. 2024)


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What is NOVA Technology Debt-to-Asset?

NOVA Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥9.9 Mil. NOVA Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥15.1 Mil. NOVA Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥981.3 Mil. NOVA Technology's debt to asset for the quarter that ended in Mar. 2024 was 0.03.


NOVA Technology Debt-to-Asset Historical Data

The historical data trend for NOVA Technology'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.

NOVA Technology Debt-to-Asset Chart

NOVA Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - 0.04 0.03 0.03 0.03

NOVA Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of NOVA Technology's Debt-to-Asset

For the Telecom Services subindustry, NOVA Technology'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.


NOVA Technology's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NOVA Technology's Debt-to-Asset distribution charts can be found below:

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



NOVA Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NOVA Technology's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(10.142 + 17.493) / 980.326
=0.03

NOVA Technology's Debt-to-Asset for the quarter that ended in Mar. 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
=(9.891 + 15.073) / 981.259
=0.03

* 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.


NOVA Technology  (SZSE:300921) 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.


NOVA Technology Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of NOVA Technology's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


NOVA Technology (SZSE:300921) Business Description

Traded in Other Exchanges
N/A
Address
1006 Shennan Avenue, 16th Floor, Building A, Shenzhen International Innovation Center, Futian District, Guangdong Province, Shenzhen, CHN, 518033
NOVA Technology Corp Ltd is a network communication services provider. It offers dedicated network communication, cloud computing and system integration services.

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