NCAB Group AB (LTS:0AAQ) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

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What is NCAB Group AB 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. NCAB Group AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

NCAB Group AB's long-term debt to total assets ratio increased from Dec. 2023 (0.30) to Dec. 2024 (0.31). It may suggest that NCAB Group AB is progressively becoming more dependent on debt to grow their business.

NCAB Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for NCAB Group AB'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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NCAB Group AB LT-Debt-to-Total-Asset Chart

NCAB Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.25

0.29

0.30

0.31

NCAB Group AB 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															0.30	0.28	0.32	0.32	0.31

NCAB Group AB LT-Debt-to-Total-Asset Calculation

NCAB Group AB'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 )
	=	1039.4	/	3392
	=	0.31

NCAB Group AB'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 )
	=	1039.4	/	3392
	=	0.31

NCAB Group AB (LTS:0AAQ) 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.

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NCAB Group AB Business Description

Industry

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Traded in Other Exchanges

NCAB:Sweden NCABs:UK

Address

Lofstroms alle 5, Sundbyberg, SWE, 172 66

Website

https://www.ncabgroup.com

NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.

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