Nok Airlines PCL (Nok Airlines PCL) Debt-to-Asset : 0.89 (As of Jun. 2023)

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What is Nok Airlines PCL Debt-to-Asset?

Nok Airlines PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $28.3 Mil. Nok Airlines PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $315.5 Mil. Nok Airlines PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $386.8 Mil. Nok Airlines PCL's debt to asset for the quarter that ended in Jun. 2023 was 0.89.

Nok Airlines PCL Debt-to-Asset Historical Data

The historical data trend for Nok Airlines PCL'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.

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Nok Airlines PCL Debt-to-Asset Chart

Nok Airlines PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

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0.17

0.24

0.65

0.96

0.98

Nok Airlines PCL Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Asset	Get a 7-Day Free Trial															0.82	0.96	1.03	0.98	0.89

Competitive Comparison of Nok Airlines PCL's Debt-to-Asset

For the Airlines subindustry, Nok Airlines PCL'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.

Nok Airlines PCL's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nok Airlines PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nok Airlines PCL's Debt-to-Asset falls into.

Nok Airlines PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nok Airlines PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(29.515	+	319.004)	/	355.308
	=	0.98

Nok Airlines PCL's Debt-to-Asset for the quarter that ended in Jun. 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
	=	(28.322	+	315.485)	/	386.848
	=	0.89

Nok Airlines PCL (OTCPK:NOKFF) 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.

Nok Airlines PCL Debt-to-Asset Related Terms

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Nok Airlines PCL (Nok Airlines PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nok Airlines PCL (OTCPK:NOKFF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NOKPF:USA

Address

Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210

Website

https://www.nokair.com

Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers. The company operates in two business segments which is Domestic Air Services and International Air Services. The Domestic Air Services business segment generates the maximum revenue for the company.

Nok Airlines PCL (Nok Airlines PCL) Headlines

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