New Nordic Healthbrands AB (OSTO:NNH) Debt-to-Asset : 0.19 (As of Sep. 2024)

New Nordic Healthbrands AB Debt-to-Asset Chart

New Nordic Healthbrands AB Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Asset		Get a 7-Day Free Trial					0.05	0.01	0.10	0.19	0.11

New Nordic Healthbrands AB 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															0.14	0.11	0.16	0.18	0.19

Competitive Comparison of New Nordic Healthbrands AB's Debt-to-Asset

For the Packaged Foods subindustry, New Nordic Healthbrands 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.

New Nordic Healthbrands AB's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Nordic Healthbrands AB's Debt-to-Asset distribution charts can be found below:

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

New Nordic Healthbrands AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

New Nordic Healthbrands AB's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

New Nordic Healthbrands AB's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

* 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.

New Nordic Healthbrands AB  (OSTO:NNH) 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.

New Nordic Healthbrands AB Debt-to-Asset Related Terms

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New Nordic Healthbrands AB Business Description