Norconsult ASA (FRA:JL80) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Norconsult ASA 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. Norconsult ASA's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Norconsult ASA's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.20). It may suggest that Norconsult ASA is progressively becoming more dependent on debt to grow their business.

Norconsult ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Norconsult ASA'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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Norconsult ASA LT-Debt-to-Total-Asset Chart

Norconsult ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.27

0.23

0.20

Norconsult ASA Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	0.20	0.20	0.19	0.20

Norconsult ASA LT-Debt-to-Total-Asset Calculation

Norconsult ASA'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 )
	=	109.959	/	551.709
	=	0.20

Norconsult ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	110.689	/	544.285
	=	0.20

Norconsult ASA (FRA:JL80) 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.

Norconsult ASA LT-Debt-to-Total-Asset Related Terms

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Norconsult ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Norconsult ASA (FRA:JL80) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NORCO:Norway

Address

Vestfjordgaten 4, Sandvika, NOR, 1338

Website

https://www.norconsult.com

Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design, and architecture projects. The Group also develops and distributes complete IT solutions for project, building, and facility management for infrastructure and property.

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