Novavest Real Estate AG (XSWX:NREN) Debt-to-Asset : 0.54 (As of Dec. 2023)

Novavest Real Estate AG Debt-to-Asset Chart

Novavest Real Estate AG Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Asset		Get a 7-Day Free Trial					0.52	0.53	0.51	0.53	0.54

Novavest Real Estate AG Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial													0.51	0.54	0.53	0.54	0.54

Competitive Comparison of Novavest Real Estate AG's Debt-to-Asset

For the Real Estate - Diversified subindustry, Novavest Real Estate 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.

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

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

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

Novavest Real Estate AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Novavest Real Estate AG's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Novavest Real Estate AG's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.

Novavest Real Estate AG  (XSWX:NREN) 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.

Novavest Real Estate AG Debt-to-Asset Related Terms

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Novavest Real Estate AG (XSWX:NREN) Business Description