NRKBF (NKT AS) LT-Debt-to-Total-Asset: 0.04 (As of Mar. 2026)


NRKBF NKT AS NRKBF
80 GF Score
Price $158.30
GF Value $95.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NKT AS LT-Debt-to-Total-Asset?

NKT AS NRKBF +25.23% 80 LT-Debt-to-Total-Asset is 0.04 as of Mar. 2026. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $95.99 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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. NKT AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.04.

NKT AS's long-term debt to total assets ratio declined from Mar. 2025 (0.05) to Mar. 2026 (0.04). It may suggest that NKT AS is progressively becoming less dependent on debt to grow their business.

NKT AS  (OTCPK:NRKBF) 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.

NKT AS LT-Debt-to-Total-Asset Related Terms

NKT AS LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for NKT AS'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.

NKT AS LT-Debt-to-Total-Asset Chart

NKT AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.05 0.05 0.04

NKT AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.05 0.05 0.04 0.04 0.04
NRKBF
80GF Score
NKT AS NRKBF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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NKT AS LT-Debt-to-Total-Asset Calculation

NKT AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=268.15/6551.522
=0.04

NKT AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=277.457/6441.618
=0.04

* 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 0.04 mean?
NKT AS (NRKBF) has a LT-Debt-to-Total-Asset of 0.04 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NKT AS and its competitors.
Is NKT AS's LT-Debt-to-Total-Asset too high?
NKT AS's current LT-Debt-to-Total-Asset is 0.04. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's LT-Debt-to-Total-Asset compare to VRT and BE?
NKT AS's LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products 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 NKT AS and its competitors. NKT AS's current LT-Debt-to-Total-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $95.99, compared to a current price of $158.30 — trading 64.9% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.04. NKT AS's overall GF Score™ is 80/100 with 5 warning signs to review. 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 NKT AS (NRKBF), the current LT-Debt-to-Total-Asset is 0.04 as of Mar. 2026. 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.

Is NKT AS (NRKBF) Overvalued in 2026?

Based on GuruFocus' analysis, NKT AS stock appears to be overvalued. The current stock price of $158.30 is trading 64.9% above its estimated GF Value™ of $95.99. GuruFocus considers NKT AS to be Significantly Overvalued.

Key valuation signals for NRKBF:

  • LT-Debt-to-Total-Asset: 0.04
  • GF Value™: $95.99 vs. price of $158.30 (64.9% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NKT AS Business Description

Address Amerika Plads 29, Copenhagen, DNK, 2100
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
80GF Score

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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.

$158.30
Price
$95.99
GF Value