Nuvve Holding (Nuvve Holding) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nuvve Holding 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. Nuvve Holding's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Nuvve Holding's long-term debt to total assets ratio increased from Mar. 2023 (0.14) to Mar. 2024 (0.19). It may suggest that Nuvve Holding is progressively becoming more dependent on debt to grow their business.

Nuvve Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nuvve Holding'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.

Nuvve Holding LT-Debt-to-Total-Asset Chart

Nuvve Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.07

0.12

0.22

Nuvve Holding Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.14	0.15	0.14	0.22	0.19

Nuvve Holding LT-Debt-to-Total-Asset Calculation

Nuvve Holding'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 )
	=	4.646	/	20.951
	=	0.22

Nuvve Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	4.531	/	23.537
	=	0.19

Nuvve Holding (NAS:NVVEW) 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.

Nuvve Holding LT-Debt-to-Total-Asset Related Terms

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

Nuvve Holding (Nuvve Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nuvve Holding Corp (NAS:NVVEW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NVVE:USA

Address

2488 Historic Decatur Road, Suite 200, San Diego, CA, USA, 92106

Website

https://www.nuvve.com

Nuvve Holding Corp is accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology. It helps to support the integration of renewable energy sources, including solar and wind. Its Grid Integrated Vehicle (GIV) platform is refueling the next generation of electric vehicle fleets through bidirectional charging solutions.