Nordic Resources (ASX:NNL) Debt-to-Asset : 0.00 (As of Dec. 2025)

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ASX:NNL Nordic Resources Ltd ASX:NNL
36 GF Score
Price A$0.18
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What is Nordic Resources Debt-to-Asset?

Nordic Resources ASX:NNL 36 Debt-to-Asset is 0.00 as of Dec. 2025. GuruFocus rates ASX:NNL with a GF Score™ of 36/100.

Nordic Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Nordic Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Nordic Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was A$34.47 Mil. Nordic Resources's debt to asset for the quarter that ended in Dec. 2025 was 0.00.

Nordic Resources  (ASX:NNL) 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.

Nordic Resources Debt-to-Asset Related Terms

Nordic Resources Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Nordic Resources'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.

Nordic Resources Debt-to-Asset Chart

Nordic Resources Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
0.00 0.00 0.01 0.00

Nordic Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.01 0.01 0.00 0.00

Nordic Resources Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nordic Resources'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.

Nordic Resources Debt-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nordic Resources's Debt-to-Asset distribution charts can be found below:

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


ASX:NNL
36GF Score
Nordic Resources Ltd ASX:NNL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nordic Resources's Debt-to-Asset for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 21.113634
=0.00

Nordic Resources's Debt-to-Asset for the quarter that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 34.468254
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.00 mean?
Nordic Resources (ASX:NNL) has a Debt-to-Asset of 0.00 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Nordic Resources and its competitors.
Is Nordic Resources' Debt-to-Asset too high?
Nordic Resources' current Debt-to-Asset is 0.00. Overall, Nordic Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Resources' Debt-to-Asset compare to competitors?
Nordic Resources' Debt-to-Asset of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Nordic Resources and its competitors. Nordic Resources's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Resources stock overvalued right now?
Nordic Resources (ASX:NNL) has a current Debt-to-Asset of 0.00. The current Debt-to-Asset is 0.00. Nordic Resources' overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Nordic Resources (ASX:NNL), the current Debt-to-Asset is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nordic Resources Business Description

Other Exchanges GZ7:Germany
Address 197 Saint Georges Terrace, Level 12, Perth, WA, AUS, 6000
Nordic Resources Ltd is an active mineral exploration company focused on discovering and developing gold and critical metals in Finland. Its projects include the Pulju Nickel Project, Kopsa Gold-Copper Project, Kiimala Trend Project, and Hirsikangas Gold Project.
36GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.18
Price