Newton Resources (FRA:8NW) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Newton Resources 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. Newton Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Newton Resources's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.01). It may suggest that Newton Resources is progressively becoming more dependent on debt to grow their business.

Newton Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Newton Resources'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.

* Premium members only.

Newton Resources LT-Debt-to-Total-Asset Chart

Newton Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Newton Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.01

Newton Resources LT-Debt-to-Total-Asset Calculation

Newton Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.309	/	68.2
	=	0.00

Newton Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.309	/	68.2
	=	0.00

Newton Resources (FRA:8NW) 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.

Newton Resources LT-Debt-to-Total-Asset Related Terms

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

Newton Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Newton Resources Ltd (FRA:8NW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

01231:Hong Kong 8NW:Germany

Address

248 Queen\'s Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG

Website

https://www.newton-resources.com

Newton Resources Ltd is engaged in the trading of iron ore and other commodities. The company has one reportable segment that is Resources Business. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China which derives key revenue, and other countries.

Newton Resources Headlines

No Headlines