Nictus Holdings (NAM:NHL) Debt-to-Asset : 0.04 (As of Dec. 2023)

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What is Nictus Holdings Debt-to-Asset?

Nictus Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R49.5 Mil. Nictus Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R14.7 Mil. Nictus Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was R1,788.5 Mil. Nictus Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.04.

Nictus Holdings Debt-to-Asset Historical Data

The historical data trend for Nictus Holdings'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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Nictus Holdings Debt-to-Asset Chart

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Debt-to-Asset

0.08

0.03

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial			0.08	0.01	0.03	0.03	0.04

Competitive Comparison of Nictus Holdings's Debt-to-Asset

For the Specialty Retail subindustry, Nictus Holdings'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.

Nictus Holdings's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus Holdings's Debt-to-Asset distribution charts can be found below:

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

Nictus Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nictus Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 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
	=	(67.697	+	17.327)	/	2629.285
	=	0.03

Nictus Holdings's Debt-to-Asset for the quarter 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
	=	(49.52	+	14.735)	/	1788.474
	=	0.04

Nictus Holdings (NAM:NHL) 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.

Nictus Holdings Debt-to-Asset Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

Nictus Holdings (NAM:NHL) Headlines

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