Northwest Natural Holding Co (Northwest Natural Holding Co) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2023)

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What is Northwest Natural Holding Co 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. Northwest Natural Holding Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.31.

Northwest Natural Holding Co's long-term debt to total assets ratio increased from Dec. 2022 (0.28) to Dec. 2023 (0.31). It may suggest that Northwest Natural Holding Co is progressively becoming more dependent on debt to grow their business.

Northwest Natural Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Northwest Natural Holding Co'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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Northwest Natural Holding Co LT-Debt-to-Total-Asset Chart

Northwest Natural Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.25

0.28

0.31

Northwest Natural Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.30	0.30	0.32	0.31

Northwest Natural Holding Co LT-Debt-to-Total-Asset Calculation

Northwest Natural Holding Co'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 )
	=	1502.602	/	4867.092
	=	0.31

Northwest Natural Holding Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1502.602	/	4867.092
	=	0.31

Northwest Natural Holding Co (NYSE:NWN) 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.

Northwest Natural Holding Co LT-Debt-to-Total-Asset Related Terms

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Northwest Natural Holding Co (Northwest Natural Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Northwest Natural Holding Co (NYSE:NWN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NN3:Germany

Address

250 S.W. Taylor Street, Portland, OR, USA, 97204

Website

https://www.nwnaturalholdings.com

Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 7,95,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.

Executives

Jane L Peverett	director	1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
David A. Weber	officer: Pres. & CEO of Issuer's Sub.	250 SW TAYLOR ST, PORTLAND OR 97204
Joseph S Karney	officer: VP, Eng & Utility Operations, other: NW Natural	250 SW TAYLOR ST, PORTLAND OR 97204
David Hugo Anderson	director, officer: President & CEO
Jon G Huddleston	officer: VP, Eng. & Utility Operations	250 SW TAYLOR ST, PORTLAND OR 97204
Zachary D Kravitz	officer: VP, Rates & Regulatory, other: NW Natural	250 SW TAYLOR ST, PORTLAND OR 97204
Sandra Mcdonough	director	250 SW TAYLOR ST, PORTLAND OR 97204
James R Downing	officer: VP and CIO	250 SW TAYLOR ST, PORTLAND OR 97204
Malia H Wasson	director	220 NW SECOND AVE, PORTLAND OR 97209
Kimberly A. Heiting	officer: SVP Comm. & Chf. Mktg. Officer	250 SW TAYLOR ST, PORTLAND OR 97204
Shawn M Filippi	officer: VP, CCO & Corp. Secretary	250 SW TAYLOR ST, PORTLAND OR 97204
C Scott Gibson	director	PMB 316, PO BOX 30,000, JACKSON WY 83002
Karen Lee	director	250 SW TAYLOR ST, PORTLAND OR 97204
Nathan I Partain	director	DNP SELECT INCOME FUND INC, 55 E. MONROE, STE. 3600, CHICAGO IL 60603
Justin Palfreyman	officer: VP Strategy & Bus Dev	250 SW TAYLOR ST, PORTLAND OR 97204