Nickel Industries (ASX:NIC) LT-Debt-to-Total-Asset: 0.26 (As of Dec. 2025)

What is Nickel Industries LT-Debt-to-Total-Asset?

Nickel Industries ASX:NIC -1.05% 65 LT-Debt-to-Total-Asset is 0.26 as of Dec. 2025. GuruFocus rates ASX:NIC with a GF Score™ of 65/100 and a GF Value™ of A$0.75 (Modestly Overvalued). The stock has 10 warning signs investors should review.

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. Nickel Industries's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.26.

Nickel Industries's long-term debt to total assets ratio increased from Dec. 2024 (0.24) to Dec. 2025 (0.26). It may suggest that Nickel Industries is progressively becoming more dependent on debt to grow their business.

Nickel Industries (ASX:NIC) 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.

Nickel Industries LT-Debt-to-Total-Asset Related Terms

Nickel Industries LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Nickel Industries'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.

Nickel Industries LT-Debt-to-Total-Asset Chart

Nickel Industries Annual Data

Trend

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.18

0.21

0.14

0.24

0.26

Nickel Industries Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.14	0.19	0.24	0.21	0.26

65GF Score

Nickel Industries Ltd ASX:NIC

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Nickel Industries LT-Debt-to-Total-Asset Calculation

Nickel Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	1658.907	/	6417.949
	=	0.26

Nickel Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )	/	Total Assets (Q: Dec. 2025 )
	=	1658.907	/	6417.949
	=	0.26

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.26 mean?

Nickel Industries (ASX:NIC) has a LT-Debt-to-Total-Asset of 0.26 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nickel Industries and its competitors.

Is Nickel Industries' LT-Debt-to-Total-Asset too high?

Nickel Industries' current LT-Debt-to-Total-Asset is 0.26. Overall, Nickel Industries has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nickel Industries' LT-Debt-to-Total-Asset compare to competitors?

Nickel Industries' LT-Debt-to-Total-Asset of 0.26 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?

A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nickel Industries and its competitors. Nickel Industries's current LT-Debt-to-Total-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nickel Industries stock overvalued right now?

Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.94 — trading 25.3% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.26. Nickel Industries' overall GF Score™ is 65/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current LT-Debt-to-Total-Asset is 0.26 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nickel Industries (ASX:NIC) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued. The current stock price of A$0.94 is trading 25.3% above its estimated GF Value™ of A$0.75. GuruFocus considers Nickel Industries to be Modestly Overvalued.

Key valuation signals for ASX:NIC:

LT-Debt-to-Total-Asset: 0.26
GF Value™: A$0.75 vs. price of A$0.94 (25.3% above fair value)
GF Score™: 65/100 with 10 warning signs

No single metric tells the full story. See the ASX:NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nickel Industries Business Description

Industry Basic Materials Metals & Mining

Comparable Companies ASX:ILU ASX:LTR ASX:DRR ASX:IGO ASX:PRN ASX:MAH ASX:DVP ASX:LIN ASX:ELV ASX:VUL ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges NICMF:USA NM5:Germany

Address 66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website https://www.nickelindustries.com

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.

65GF Score

Get the complete analysis for ASX:NIC

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.94

Price

A$0.75

GF Value

View ASX:NIC Analysis

See LT-Debt-to-Total-Asset data for all stocks →