National Aluminum Products CoOG (MUS:NAPI) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is National Aluminum Products CoOG 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. National Aluminum Products CoOG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

National Aluminum Products CoOG's long-term debt to total assets ratio increased from Dec. 2020 (0.03) to Dec. 2023 (0.17). It may suggest that National Aluminum Products CoOG is progressively becoming more dependent on debt to grow their business.

National Aluminum Products CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Aluminum Products CoOG'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.

National Aluminum Products CoOG LT-Debt-to-Total-Asset Chart

National Aluminum Products CoOG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.03

0.17

National Aluminum Products CoOG Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar22	Jun22	Mar23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	-	0.04	0.04	0.17

National Aluminum Products CoOG LT-Debt-to-Total-Asset Calculation

National Aluminum Products CoOG'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 )
	=	3.711	/	21.792
	=	0.17

National Aluminum Products CoOG'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 )
	=	3.711	/	21.792
	=

National Aluminum Products CoOG (MUS:NAPI) 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.

National Aluminum Products CoOG LT-Debt-to-Total-Asset Related Terms

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

National Aluminum Products CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » National Aluminum Products Co SAOG (MUS:NAPI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 7 , Next to Raha Polyproducts, 7 Rusayl Industrial Estate, P.O. Box 15, Rusayl, OMN, 124

Website

https://www.napcooman.com

National Aluminum Products Co SAOG is engaged in the manufacturing and sale of aluminum and its related products. The company offers a range of aluminum profile extrusions in finishes that help in functional modern design specifications. Its various processes include extrusion process, anodizing, powder coating, wood finish, thermal crimping and packaging and delivery. The extrusion presses are complemented by one anodizing line and two powder coating lines. In addition, the company also houses two wood finish lines and a crimping and bending facility.

National Aluminum Products CoOG Headlines

No Headlines