NNRRF (NRC Group ASA) Debt-to-Asset : 0.22 (As of Sep. 2024)

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What is NRC Group ASA Debt-to-Asset?

NRC Group ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $19.0 Mil. NRC Group ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $75.7 Mil. NRC Group ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $432.2 Mil. NRC Group ASA's debt to asset for the quarter that ended in Sep. 2024 was 0.22.

NRC Group ASA Debt-to-Asset Historical Data

The historical data trend for NRC Group ASA'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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NRC Group ASA Debt-to-Asset Chart

NRC Group ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.33

0.30

0.27

0.22

NRC Group ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.24	0.22	0.21	0.23	0.22

Competitive Comparison of NRC Group ASA's Debt-to-Asset

For the Railroads subindustry, NRC Group ASA'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.

NRC Group ASA's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NRC Group ASA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where NRC Group ASA's Debt-to-Asset falls into.

NRC Group ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NRC Group ASA'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
	=	(20.57	+	86.545)	/	487.516
	=	0.22

NRC Group ASA'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
	=	(19.016	+	75.688)	/	432.192
	=	0.22

NRC Group ASA (OTCPK:NNRRF) 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.

NRC Group ASA Debt-to-Asset Related Terms

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NRC Group ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » NRC Group ASA (OTCPK:NNRRF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NRCo:Sweden NRC:Norway 0DSJ:UK

Address

Lysaker Torg 25, Lysaker, NOR, 1366

Website

https://www.nrcgroup.com

NRC Group ASA is a contractor of rail infrastructure. It offers delivers the complete value chain and in-house capabilities for the prioritized markets of rail construction, civil construction, rail maintenance, and environmental services Its services include groundworks, concrete works, fiber, and environmental services such as water and wastewater, demolition, recycling, and bulk transport. It has three operating segments based on its geography Norway, Sweden, and Finland, each segment consists of three operating divisions Norway Operates in Rail construction, Civil construction, and Environment, Sweden operates in Rail construction, Rail maintenance, and Civil Construction and Finland Rail construction, Rail maintenance, and Materials.