Akzo Nobel NV (Akzo Nobel NV) Debt-to-Asset

: 0.38 (As of Dec. 2023)

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Akzo Nobel NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,615 Mil. Akzo Nobel NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,451 Mil. Akzo Nobel NV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $15,876 Mil. Akzo Nobel NV's debt to asset for the quarter that ended in Dec. 2023 was 0.38.

Akzo Nobel NV Debt-to-Asset Historical Data

The historical data trend for Akzo Nobel NV'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.

Akzo Nobel NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.17

0.22

0.26

0.40

0.38

Akzo Nobel NV 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																0.40	0.40	0.41	0.40	0.38

Competitive Comparison

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.

Akzo Nobel NV Debt-to-Asset Distribution

For the Chemicals industry and Basic Materials sector, Akzo Nobel NV's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Akzo Nobel NV's Debt-to-Asset falls into.

Akzo Nobel NV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Akzo Nobel NV'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
	=	(2615.049	+	3451.472)	/	15875.682
	=	0.38

Akzo Nobel NV'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
	=	(2615.049	+	3451.472)	/	15875.682
	=	0.38

Akzo Nobel NV (OTCPK:AKZOY) 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.

Akzo Nobel NV Debt-to-Asset Related Terms

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Akzo Nobel NV (Akzo Nobel NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (OTCPK:AKZOY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AKZOF:USA AKZA:Netherlands AKZAa:UK 0LND:UK AKU1:Germany AKZO:Austria

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.