Next (FRA:NXG) LT-Debt-to-Total-Asset : 0.29 (As of Jan. 2025)

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What is Next 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. Next's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.29.

Next's long-term debt to total assets ratio declined from Jan. 2024 (0.36) to Jan. 2025 (0.29). It may suggest that Next is progressively becoming less dependent on debt to grow their business.

Next LT-Debt-to-Total-Asset Historical Data

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

Next Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

LT-Debt-to-Total-Asset

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0.49

0.43

0.42

0.36

0.29

Next Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.41	0.36	0.34	0.29

Next LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2025 )	/	Total Assets (A: Jan. 2025 )
	=	1656.648	/	5818.09
	=	0.28

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

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	1656.648	/	5818.09
	=	0.28

Next (FRA:NXG) 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.

Next LT-Debt-to-Total-Asset Related Terms

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Next PLC (FRA:NXG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NXGPY:USA NXGPF:USA NXTl:UK NXT:UK

Address

Desford Road, Enderby, Leicester, GBR, LE19 4AT

Website

https://www.nextplc.co.uk

Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.