NOKPF (Nok Airlines PCL) LT-Debt-to-Total-Asset: 0.71 (As of Sep. 2024)

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NOKPF Nok Airlines PCL NOKPF
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What is Nok Airlines PCL LT-Debt-to-Total-Asset?

Nok Airlines PCL NOKPF 12 LT-Debt-to-Total-Asset is 0.71 as of Sep. 2024. GuruFocus rates NOKPF with a GF Score™ of 12/100.

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. Nok Airlines PCL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.71.

Nok Airlines PCL's long-term debt to total assets ratio declined from Jun. 2023 (0.82) to Sep. 2024 (0.71). It may suggest that Nok Airlines PCL is progressively becoming less dependent on debt to grow their business.

Nok Airlines PCL  (OTCPK:NOKPF) 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.

Nok Airlines PCL LT-Debt-to-Total-Asset Related Terms

Nok Airlines PCL LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Nok Airlines PCL'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.

Nok Airlines PCL LT-Debt-to-Total-Asset Chart

Nok Airlines PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.94 0.90 0.87

Nok Airlines PCL Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
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 0.82 0.00 0.87 0.71 0.71
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Nok Airlines PCL NOKPF
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Nok Airlines PCL LT-Debt-to-Total-Asset Calculation

Nok Airlines PCL'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 )
=294.972/339.415
=0.87

Nok Airlines PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=281.408/397.15
=0.71

* 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 0.71 mean?
Nok Airlines PCL (NOKPF) has a LT-Debt-to-Total-Asset of 0.71 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nok Airlines PCL and its competitors.
Is Nok Airlines PCL's LT-Debt-to-Total-Asset too high?
Nok Airlines PCL's current LT-Debt-to-Total-Asset is 0.71. Overall, Nok Airlines PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nok Airlines PCL's LT-Debt-to-Total-Asset compare to MESA and HRBR?
Nok Airlines PCL's LT-Debt-to-Total-Asset of 0.71 can be compared against companies in the Transportation 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 Transportation company?
A good LT-Debt-to-Total-Asset depends on the Transportation 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 Nok Airlines PCL and its competitors. Nok Airlines PCL's current LT-Debt-to-Total-Asset is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nok Airlines PCL stock overvalued right now?
Nok Airlines PCL (NOKPF) has a current LT-Debt-to-Total-Asset of 0.71. The current LT-Debt-to-Total-Asset is 0.71. Nok Airlines PCL's overall GF Score™ is 12/100. 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 Nok Airlines PCL (NOKPF), the current LT-Debt-to-Total-Asset is 0.71 as of Sep. 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.

Nok Airlines PCL Business Description

Address Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210
Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers and has operating hubs in Thailand.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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