NewGenIvf Group (NewGenIvf Group) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2023)

View and export this data going back to 2024. Start your Free Trial

What is NewGenIvf Group 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. NewGenIvf Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.11.

NewGenIvf Group's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2023 (0.11). It may suggest that NewGenIvf Group is progressively becoming more dependent on debt to grow their business.

NewGenIvf Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for NewGenIvf Group'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.

NewGenIvf Group LT-Debt-to-Total-Asset Chart

NewGenIvf Group Annual Data

Trend

Dec21

Dec22

LT-Debt-to-Total-Asset

0.19

0.09

NewGenIvf Group Quarterly Data
	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	0.19	-	0.09	0.11

NewGenIvf Group LT-Debt-to-Total-Asset Calculation

NewGenIvf Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.249	/	2.905
	=	0.09

NewGenIvf Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	0.157	/	1.45
	=

NewGenIvf Group (NAS:NIVF) 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.

NewGenIvf Group LT-Debt-to-Total-Asset Related Terms

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

NewGenIvf Group (NewGenIvf Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110

Website

https://www.newgenivf.com

NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.

NewGenIvf Group (NewGenIvf Group) Headlines

From GuruFocus

NewGenIvf Signs Non-Binding Term Sheet for Potential Reverse Merger with European Wellness Investment Holdings

By Marketwired • 04-22-2024