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Novestra AB (OSTO:NOVE IL) Debt-to-Asset : 17.64 (As of Dec. 2024)


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What is Novestra AB Debt-to-Asset?

Novestra AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr0.00 Mil. Novestra AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr6.09 Mil. Novestra AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was kr0.35 Mil. Novestra AB's debt to asset for the quarter that ended in Dec. 2024 was 17.64.

Novestra AB Debt-to-Asset Historical Data

The historical data trend for Novestra 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.

* Premium members only.

Novestra AB Debt-to-Asset Chart

Novestra AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.40 0.53 0.62 17.64

Novestra AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.62 1.10 1.22 1.43 17.64

Competitive Comparison of Novestra AB's Debt-to-Asset

For the Communication Equipment subindustry, Novestra 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.

Novestra AB's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Novestra AB's Debt-to-Asset distribution charts can be found below:

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


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Novestra AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Novestra AB's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(0 + 6.085) / 0.345
=17.64

Novestra AB's Debt-to-Asset for the quarter that ended in Dec. 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
=(0 + 6.085) / 0.345
=17.64

* 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.

Novestra AB  (OSTO:NOVE IL) 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.

Novestra AB Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Novestra AB's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Novestra AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novestra AB (OSTO:NOVE IL) » Definitions » Debt-to-Asset
Comparable Companies
XSAT:EXALT CSCO MSI SHSE:601138 OHEL:NOKIA OSTO:ERIC B SZSE:000063 HPE UI SZSE:300308 ZBRA JNPR TPE:2345 SZSE:300502 CIEN SZSE:300628 SATS HKSE:02018 SZSE:300394 SZSE:300454
Traded in Other Exchanges
N/A
Address
Master Samuelsgatan 10, Stockholm, SWE, 111 44
Website
https://www.strax.com
Strax AB is specialized in accessories that empower mobile lifestyles. Its portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio. Its Health & Wellness category offers branded Personal Protection products. Its distribution business reaches a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers. The company's wholly-owned brands include Urbanista, Clckr, Richmond & Finch, Planet Buddies, xqisit, AVO+, Dottir and grell, and licensed brands include adidas, Bugatti, Diesel, Superdry and WeSC. The firm's distribution business also services over 40 other major mobile accessory brands.

Novestra AB Headlines

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