NewAge (STU:N1K) Debt-to-Asset : 0.17 (As of Sep. 2021)

View and export this data going back to 2017. Start your Free Trial

What is NewAge Debt-to-Asset?

NewAge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was €23.7 Mil. NewAge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was €36.1 Mil. NewAge's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2021 was €344.8 Mil. NewAge's debt to asset for the quarter that ended in Sep. 2021 was 0.17.

NewAge Debt-to-Asset Historical Data

The historical data trend for NewAge'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.

NewAge Debt-to-Asset Chart

NewAge Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Asset

Get a 7-Day Free Trial

0.56

0.11

0.08

0.33

0.21

NewAge Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Debt-to-Asset	Get a 7-Day Free Trial															0.34	0.21	0.19	0.18	0.17

Competitive Comparison of NewAge's Debt-to-Asset

For the Beverages - Non-Alcoholic subindustry, NewAge'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.

NewAge's Debt-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, NewAge's Debt-to-Asset distribution charts can be found below:

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

NewAge Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NewAge's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(20.52	+	54.952)	/	364.296
	=	0.21

NewAge's Debt-to-Asset for the quarter that ended in Sep. 2021 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(23.744	+	36.062)	/	344.803
	=	0.17

NewAge (STU:N1K) 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.

NewAge Debt-to-Asset Related Terms

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

NewAge (STU:N1K) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » NewAge Inc (STU:N1K) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2420 17th Street, Suite 220, Denver, CO, USA, 80202

Website

http://www.newage.com

NewAge Inc is engaged in the business of developing, marketing, selling, and distributing a portfolio of healthy products sold primarily through a direct to customer business model using a team of brand partners and distributors to help market and sell the portfolio of brands. Its Direct/Social Selling segment is engaged in the development, manufacturing, and marketing of a portfolio of healthy products in three core category platforms including health and wellness, healthy appearance, and nutritional performance all sold primarily via e-commerce and through a direct route to market. It has a business presence in the US, Japan, China and other countries.

NewAge (STU:N1K) Headlines

No Headlines