National Vision Holdings (FRA:7NV) LT-Debt-to-Total-Asset : 0.38 (As of Mar. 2024)

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What is National Vision Holdings 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. National Vision Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.38.

National Vision Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.41) to Mar. 2024 (0.38). It may suggest that National Vision Holdings is progressively becoming less dependent on debt to grow their business.

National Vision Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Vision Holdings'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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National Vision Holdings LT-Debt-to-Total-Asset Chart

National Vision Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.42

0.40

0.38

National Vision Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.40	0.41	0.38	0.38

National Vision Holdings LT-Debt-to-Total-Asset Calculation

National Vision Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	758.895	/	1992.193
	=	0.38

National Vision Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	762.41	/	1982.939
	=	0.38

National Vision Holdings (FRA:7NV) 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.

National Vision Holdings LT-Debt-to-Total-Asset Related Terms

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National Vision Holdings (FRA:7NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » National Vision Holdings Inc (FRA:7NV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EYE:USA 7NV:Germany

Address

2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096

Website

https://www.nationalvision.com

National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.

National Vision Holdings (FRA:7NV) Headlines

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