Nilfisk Holding AS (LTS:0RUZ) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Nilfisk Holding AS 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. Nilfisk Holding AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.31.

Nilfisk Holding AS's long-term debt to total assets ratio declined from Sep. 2023 (0.33) to Sep. 2024 (0.31). It may suggest that Nilfisk Holding AS is progressively becoming less dependent on debt to grow their business.

Nilfisk Holding AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nilfisk Holding AS'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.

* Premium members only.

Nilfisk Holding AS LT-Debt-to-Total-Asset Chart

Nilfisk Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.49

0.36

0.39

0.38

0.31

Nilfisk Holding AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.31	0.31	0.07	0.31

Nilfisk Holding AS LT-Debt-to-Total-Asset Calculation

Nilfisk Holding AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1867.831	/	6067.096
	=	0.31

Nilfisk Holding AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1998.251	/	6500.28
	=	0.31

Nilfisk Holding AS (LTS:0RUZ) 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.

Nilfisk Holding AS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Nilfisk Holding AS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Nilfisk Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nilfisk Holding AS (LTS:0RUZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NLFSK:Denmark NF1:Germany

Address

Marmorvej 8, Copenhagen, DNK, DK-2100

Website

https://www.nilfisk.com

Nilfisk Holding AS through its subsidiaries manufactures and produces cleaning equipment. The product offered by the group includes floor-cleaning machines, high-pressure cleaners, industrial vacuum cleaners, and outdoor cleaning equipment. In addition, the firm also provides after-sales service for the professional cleaning industry. The operating segments of the organization are Europe, Americas, APAC, Consumer, Private Label and other. Geographically the activities are carried out throughout the region of Denmark.

Nilfisk Holding AS Headlines

No Headlines