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?

National Mineral Water CoOG MUS:NMWI LT-Debt-to-Total-Asset is 0.07 as of Jun. 2024.

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  (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

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

* Premium members only.

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.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 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 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 0.10 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

* 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 0.07 mean?
National Mineral Water CoOG (MUS:NMWI) has a LT-Debt-to-Total-Asset of 0.07 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on National Mineral Water CoOG and its competitors.
Is National Mineral Water CoOG's LT-Debt-to-Total-Asset too high?
National Mineral Water CoOG's current LT-Debt-to-Total-Asset is 0.07.
How does National Mineral Water CoOG's LT-Debt-to-Total-Asset compare to MOJO and RMHB?
National Mineral Water CoOG's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Beverages - Non-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 - Non-Alcoholic company?
A good LT-Debt-to-Total-Asset depends on the Beverages - Non-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 National Mineral Water CoOG and its competitors. National Mineral Water CoOG's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Mineral Water CoOG stock overvalued right now?
National Mineral Water CoOG (MUS:NMWI) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. 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 National Mineral Water CoOG (MUS:NMWI), the current LT-Debt-to-Total-Asset is 0.07 as of Jun. 2024. 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.

National Mineral Water CoOG Business Description

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