Nabaltec AG (Nabaltec AG) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

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What is Nabaltec AG 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. Nabaltec AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

Nabaltec AG's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.32) to Dec. 2023 (0.32).

Nabaltec AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nabaltec AG'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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Nabaltec AG LT-Debt-to-Total-Asset Chart

Nabaltec AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.30

0.32

Nabaltec AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.31	0.32	0.32	0.32

Nabaltec AG LT-Debt-to-Total-Asset Calculation

Nabaltec AG'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 )
	=	98.105	/	306.305
	=	0.32

Nabaltec AG'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 )
	=	98.105	/	306.305
	=	0.32

Nabaltec AG (GREY:NABXF) 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.

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Nabaltec AG (Nabaltec AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nabaltec AG (GREY:NABXF) » Definitions » LT-Debt-to-Total-Asset

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Address

Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421

Website

https://www.nabaltec.de

Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.

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