Norse Atlantic ASA (STU:9LG0) Debt-to-Asset : 0.87 (As of Mar. 2024)

Norse Atlantic ASA Debt-to-Asset Chart

Norse Atlantic ASA Quarterly Data
	Feb20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial						0.89	0.85	0.87	0.90	0.87

Competitive Comparison of Norse Atlantic ASA's Debt-to-Asset

For the Airlines subindustry, Norse Atlantic 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.

Norse Atlantic ASA's Debt-to-Asset Distribution in the Transportation Industry

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

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

Norse Atlantic ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Norse Atlantic ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Norse Atlantic ASA's Debt-to-Asset for the quarter that ended in Mar. 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.

Norse Atlantic ASA  (STU:9LG0) 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.

Norse Atlantic ASA Debt-to-Asset Related Terms

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Norse Atlantic ASA (STU:9LG0) Business Description