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North American Construction Group (North American Construction Group) Debt-to-Asset : 0.46 (As of Dec. 2023)


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What is North American Construction Group Debt-to-Asset?

North American Construction Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $70.4 Mil. North American Construction Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $464.1 Mil. North American Construction Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $1,152.7 Mil. North American Construction Group's debt to asset for the quarter that ended in Dec. 2023 was 0.46.


North American Construction Group Debt-to-Asset Historical Data

The historical data trend for North American Construction Group'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.

* Premium members only.

North American Construction Group Debt-to-Asset Chart

North American Construction Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.53 0.46 0.44 0.46

North American Construction Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.43 0.44 0.44 0.46

Competitive Comparison of North American Construction Group's Debt-to-Asset

For the Oil & Gas Equipment & Services subindustry, North American Construction Group'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.


North American Construction Group's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North American Construction Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where North American Construction Group's Debt-to-Asset falls into.



North American Construction Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

North American Construction Group'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
=(70.39 + 464.088) / 1152.712
=0.46

North American Construction Group'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
=(70.39 + 464.088) / 1152.712
=0.46

* 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.


North American Construction Group  (NYSE:NOA) 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.


North American Construction Group Debt-to-Asset Related Terms

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North American Construction Group (North American Construction Group) Business Description

Traded in Other Exchanges
Address
27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8
North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies.
Executives
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6

North American Construction Group (North American Construction Group) Headlines

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