NORMA Group SE (LTS:0P38) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)

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What is NORMA Group SE 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. NORMA Group SE's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

NORMA Group SE's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.28). It may suggest that NORMA Group SE is progressively becoming less dependent on debt to grow their business.

NORMA Group SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for NORMA Group SE'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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NORMA Group SE LT-Debt-to-Total-Asset Chart

NORMA Group SE Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.29

0.28

0.24

0.32

0.28

NORMA Group SE 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															0.32	0.31	0.31	0.31	0.28

NORMA Group SE LT-Debt-to-Total-Asset Calculation

NORMA Group SE'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 )
	=	401.327	/	1436.628
	=	0.28

NORMA Group SE'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 )
	=	401.327	/	1436.628
	=	0.28

NORMA Group SE (LTS:0P38) 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.

NORMA Group SE LT-Debt-to-Total-Asset Related Terms

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NORMA Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NORMA Group SE (LTS:0P38) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

NOEJ:Germany NOEJ:Austria

Address

Edisonstrasse 4, Maintal, DEU, 63477

Website

https://www.normagroup.com

NORMA Group SE manufactures a wide range of joining technology solutions. Its products are Quick Connectors, Hose Clamps, Retaining Clamps, and PIPE Couplings. The components and finished solutions are used in various industries and can be found in vehicles, household appliances, engines, plumbing systems, and medical fields. Its products include Carbon Steel, Stainless Steel, and Plastic/Rubber. It supplies single-component, multi-component, and complex systems to meet customer requirements. Its operating business is managed by the three regional segments EMEA, Americas, and Asia-Pacific.

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