NAOS Emerging Opportunities Co (ASX:NCC) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2023)

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What is NAOS Emerging Opportunities Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. NAOS Emerging Opportunities Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.29.

NAOS Emerging Opportunities Co's long-term debt to total assets ratio increased from Dec. 2022 (0.25) to Dec. 2023 (0.29). It may suggest that NAOS Emerging Opportunities Co is progressively becoming more dependent on debt to grow their business.

NAOS Emerging Opportunities Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for NAOS Emerging Opportunities Co's LT-Debt-to-Total-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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NAOS Emerging Opportunities Co LT-Debt-to-Total-Asset Chart

NAOS Emerging Opportunities Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.20

0.25

0.27

NAOS Emerging Opportunities Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.25	0.25	0.27	0.29

NAOS Emerging Opportunities Co LT-Debt-to-Total-Asset Calculation

NAOS Emerging Opportunities Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	22.54	/	85.185
	=	0.26

NAOS Emerging Opportunities Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	22.584	/	78.086
	=	0.29

NAOS Emerging Opportunities Co (ASX:NCC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

NAOS Emerging Opportunities Co LT-Debt-to-Total-Asset Related Terms

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NAOS Emerging Opportunities Co (ASX:NCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NAOS Emerging Opportunities Co Ltd (ASX:NCC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

25 Martin Place, Level 34, Sydney, NSW, AUS, 2000

Website

https://www.naos.com.au

NAOS Emerging Opportunities Co Ltd is an investment company that invests primarily in a concentrated portfolio of listed entities that are outside the S&P/ASX100 Accumulation Index. It operates predominantly in Australia and one industry being the securities industry. The company derives revenue from dividend income, interest income, and the investment portfolio.

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