GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nosium AB (NGM:NOSIUM B) » Definitions » LT-Debt-to-Total-Asset

Nosium AB (NGM:NOSIUM B) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Nosium AB 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. Nosium AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.10.

Nosium AB's long-term debt to total assets ratio increased from Mar. 2024 (0.07) to Mar. 2025 (0.10). It may suggest that Nosium AB is progressively becoming more dependent on debt to grow their business.


Nosium AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nosium AB'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.

Nosium AB LT-Debt-to-Total-Asset Chart

Nosium AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.15 0.04 0.13 0.04 0.09

Nosium AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.07 0.06 0.06 0.09 0.10

Nosium AB LT-Debt-to-Total-Asset Calculation

Nosium AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=3.399/37.643
=0.09

Nosium AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )/Total Assets (Q: Mar. 2025 )
=3.439/35.485
=0.10

* 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.


Nosium AB  (NGM:NOSIUM B) 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.


Nosium AB LT-Debt-to-Total-Asset Related Terms

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


Nosium AB Business Description

Traded in Other Exchanges
N/A
Address
Artillerigatan 6, Stockholm, SWE, 11451
Nosium AB invests in companies with operations online, organic and sustainable. It owns, manages, and acquires shares in companies where it can increase growth and market value by implementing new digital strategies. Its investments are found in innovative tech platforms and product brands that target a health and sustainability-conscious target group.

Nosium AB Headlines

No Headlines