National Mineral Water CoOG (MUS:NMWI) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2024)

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What is National Mineral Water 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 Mineral Water CoOG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

National Mineral Water CoOG's long-term debt to total assets ratio declined from Jun. 2023 (0.10) to Jun. 2024 (0.07). It may suggest that National Mineral Water CoOG is progressively becoming less dependent on debt to grow their business.

National Mineral Water CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Mineral Water 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.

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National Mineral Water CoOG LT-Debt-to-Total-Asset Chart

National Mineral Water CoOG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.08

National Mineral Water CoOG Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.08	0.05	0.07

National Mineral Water CoOG LT-Debt-to-Total-Asset Calculation

National Mineral Water 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 )
	=	0.478	/	5.777
	=	0.08

National Mineral Water CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.404	/	5.848
	=	0.07

National Mineral Water CoOG (MUS:NMWI) 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 Mineral Water CoOG LT-Debt-to-Total-Asset Related Terms

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National Mineral Water CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » National Mineral Water Co SAOG (MUS:NMWI) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

P.O. Box 2740, Ruwi, Muscat, OMN, 112

Website

https://www.nmwcoman.com

National Mineral Water Co SAOG is an Oman-based company. It is engaged in investment, agency business, import, export, trading in food and non-food products, recycling of polyethylene terephthalate (PET) bottles, and manufacturing of value added PET related products. The company receives maximum revenue from manufacturing. The company operates in two product segments that are Bottled Water and Traded/co-manufactured Products.

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