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Nischer Properties AB (NGM:NIS) Liabilities-to-Assets : 0.63 (As of Mar. 2024)


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What is Nischer Properties AB Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nischer Properties AB's Total Liabilities for the quarter that ended in Mar. 2024 was kr183.49 Mil. Nischer Properties AB's Total Assets for the quarter that ended in Mar. 2024 was kr290.70 Mil. Therefore, Nischer Properties AB's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.63.


Nischer Properties AB Liabilities-to-Assets Historical Data

The historical data trend for Nischer Properties AB's Liabilities-to-Assets 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.

Nischer Properties AB Liabilities-to-Assets Chart

Nischer Properties AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.46 0.44 0.51 0.63

Nischer Properties AB Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.61 0.62 0.64 0.63 0.63

Competitive Comparison of Nischer Properties AB's Liabilities-to-Assets

For the Real Estate - Development subindustry, Nischer Properties AB's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Nischer Properties AB's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nischer Properties AB's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nischer Properties AB's Liabilities-to-Assets falls into.



Nischer Properties AB Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nischer Properties AB's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=188.36/301.07
=0.63

Nischer Properties AB's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=183.489/290.698
=0.63

* 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.


Nischer Properties AB  (NGM:NIS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Nischer Properties AB Liabilities-to-Assets Related Terms

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Nischer Properties AB (NGM:NIS) Business Description

Traded in Other Exchanges
N/A
Address
Central plan 15, Stockholm, SWE, 111 20
Nischer Properties AB is a property development company focusing on niche concept housing in major and university cities. The company offers concept housing such as Start Living, Competence Living, Family Living, Grand Living and Care Living.

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