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Newmark Security (LSE:NWT) LT-Debt-to-Total-Asset : 0.10 (As of Oct. 2024)


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What is Newmark Security 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. Newmark Security's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.10.

Newmark Security's long-term debt to total assets ratio declined from Oct. 2023 (0.13) to Oct. 2024 (0.10). It may suggest that Newmark Security is progressively becoming less dependent on debt to grow their business.


Newmark Security LT-Debt-to-Total-Asset Historical Data

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

Newmark Security Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.19 0.15 0.14 0.11

Newmark Security Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.14 0.13 0.11 0.10

Newmark Security LT-Debt-to-Total-Asset Calculation

Newmark Security's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (A: Apr. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )/Total Assets (A: Apr. 2024 )
=1.893/16.65
=0.11

Newmark Security's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )/Total Assets (Q: Oct. 2024 )
=1.519/14.889
=0.10

* 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.


Newmark Security  (LSE:NWT) 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.


Newmark Security LT-Debt-to-Total-Asset Related Terms

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Newmark Security Business Description

Traded in Other Exchanges
Address
91 Wimpole Street, London, GBR, W1G 0EF
Newmark Security PLC is a UK-based security solutions provider. The company operates in the People and Data Management division involved in the design, manufacture, and distribution of access control systems and the design, manufacture, and distribution of HCM hardware only, for time-and-attendance, shop-floor data collection, and access control systems. The physical Security Solutions division is involved in the design, manufacture, installation, and maintenance of fixed and reactive security screens, reception counters, cash management systems and associated security equipment. The company operates in the UK and derives the majority of its revenues from the People and Data Management division.

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