NovaBev Group (MIC:BELU) LT-Debt-to-Total-Asset: 0.27 (As of Dec. 2023)


MIC:BELU NovaBev Group MIC:BELU
17 GF Score
Price ₽231.60
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What is NovaBev Group LT-Debt-to-Total-Asset?

NovaBev Group MIC:BELU -2.53% 17 LT-Debt-to-Total-Asset is 0.27 as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

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. NovaBev Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.27.

NovaBev Group's long-term debt to total assets ratio declined from Dec. 2022 (0.29) to Dec. 2023 (0.27). It may suggest that NovaBev Group is progressively becoming less dependent on debt to grow their business.

NovaBev Group  (MIC:BELU) 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.

NovaBev Group LT-Debt-to-Total-Asset Related Terms

NovaBev Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for NovaBev Group'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.

NovaBev Group LT-Debt-to-Total-Asset Chart

NovaBev Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.29 0.22 0.29 0.27

NovaBev Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.22 0.33 0.29 0.33 0.27
MIC:BELU
17GF Score
NovaBev Group MIC:BELU
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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NovaBev Group LT-Debt-to-Total-Asset Calculation

NovaBev Group'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 )
=26008/96244
=0.27

NovaBev Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=26008/96244
=0.27

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.27 mean?
NovaBev Group (MIC:BELU) has a LT-Debt-to-Total-Asset of 0.27 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NovaBev Group and its competitors.
Is NovaBev Group's LT-Debt-to-Total-Asset too high?
NovaBev Group's current LT-Debt-to-Total-Asset is 0.27. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's LT-Debt-to-Total-Asset compare to BF.B?
NovaBev Group's LT-Debt-to-Total-Asset of 0.27 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Beverages - Alcoholic company?
A good LT-Debt-to-Total-Asset depends on the Beverages - Alcoholic industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NovaBev Group and its competitors. NovaBev Group's current LT-Debt-to-Total-Asset is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current LT-Debt-to-Total-Asset of 0.27. The current LT-Debt-to-Total-Asset is 0.27. NovaBev Group's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For NovaBev Group (MIC:BELU), the current LT-Debt-to-Total-Asset is 0.27 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NovaBev Group Business Description

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽231.60
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