Norfolk Southern (FRA:NFS) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2024)

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What is Norfolk Southern 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. Norfolk Southern's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.39.

Norfolk Southern's long-term debt to total assets ratio declined from Dec. 2023 (0.42) to Dec. 2024 (0.39). It may suggest that Norfolk Southern is progressively becoming less dependent on debt to grow their business.

Norfolk Southern LT-Debt-to-Total-Asset Historical Data

The historical data trend for Norfolk Southern'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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Norfolk Southern LT-Debt-to-Total-Asset Chart

Norfolk Southern Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.33

0.35

0.38

0.42

0.39

Norfolk Southern Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.41	0.40	0.39	0.39

Norfolk Southern LT-Debt-to-Total-Asset Calculation

Norfolk Southern'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 )
	=	16084.11	/	41716.31
	=	0.39

Norfolk Southern'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 )
	=	16084.11	/	41716.31
	=	0.39

Norfolk Southern (FRA:NFS) 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.

Norfolk Southern LT-Debt-to-Total-Asset Related Terms

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Norfolk Southern Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norfolk Southern Corp (FRA:NFS) » Definitions » LT-Debt-to-Total-Asset

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NSC:USA 0K8M:UK NSCO:Austria

Address

650 West Peachtree Street NW, Atlanta, GA, USA, 30308-1925

Website

https://www.norfolksouthern.com

Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automotive, agriculture, metal, chemical, and forest products.

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