Nordrest Holding AB (FRA:XZ5) Debt-to-Asset : 0.12 (As of Sep. 2024)

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What is Nordrest Holding AB Debt-to-Asset?

Nordrest Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €4.6 Mil. Nordrest Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1.8 Mil. Nordrest Holding AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €54.8 Mil. Nordrest Holding AB's debt to asset for the quarter that ended in Sep. 2024 was 0.12.

Nordrest Holding AB Debt-to-Asset Historical Data

The historical data trend for Nordrest Holding AB'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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Nordrest Holding AB Debt-to-Asset Chart

Nordrest Holding AB Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.07

0.05

0.06

Nordrest Holding AB Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial				-	0.06	0.14	0.11	0.12

Competitive Comparison of Nordrest Holding AB's Debt-to-Asset

For the Restaurants subindustry, Nordrest Holding AB'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.

Nordrest Holding AB's Debt-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nordrest Holding AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nordrest Holding AB's Debt-to-Asset falls into.

Nordrest Holding AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nordrest Holding AB'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
	=	(2.886	+	0.194)	/	49.369
	=	0.06

Nordrest Holding AB's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(4.556	+	1.825)	/	54.789
	=	0.12

Nordrest Holding AB (FRA:XZ5) 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.

Nordrest Holding AB Debt-to-Asset Related Terms

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Nordrest Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Nordrest Holding AB (FRA:XZ5) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NREST:Sweden

Address

Evenemangsgatan 31, Solna, NOR, 16979

Website

https://www.nordrest.se

Nordrest Holding AB is a restaurant group with a focus on natural guest flows and contract-based meal solutions. Its offer includes meal solutions adapted to each customer's needs and ready-made brand concepts such as Taste by Nordrest, Togo by Nordrest, Pocket by Nordrest, La Girafe, Dinners and Way Cup. The company operates within the customer groups Defence, Companies, Schools, Colleges & Universities, Hospitals & Elderly Care and Travel.

Nordrest Holding AB Headlines

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