Next (NXGPF) LT-Debt-to-Total-Asset: 0.29 (As of Jan. 2026)


NXGPF Next PLC NXGPF
89 GF Score
Price $197.60
GF Value $165.57
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Next LT-Debt-to-Total-Asset?

Next NXGPF 89 LT-Debt-to-Total-Asset is 0.29 as of Jan. 2026. GuruFocus rates NXGPF with a GF Score™ of 89/100 and a GF Value™ of $165.57 (Modestly Overvalued). The stock has 2 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. Next's long-term debt to total assests ratio for the quarter that ended in Jan. 2026 was 0.29.

Next's long-term debt to total assets ratio increased from Jan. 2025 (0.29) to Jan. 2026 (0.29). It may suggest that Next is progressively becoming more dependent on debt to grow their business.

Next  (OTCPK:NXGPF) 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.

Next LT-Debt-to-Total-Asset Related Terms

Next LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Next'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.

Next LT-Debt-to-Total-Asset Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.42 0.36 0.29 0.29

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.36 0.34 0.29 0.29 0.29
NXGPF
89GF Score
Next PLC NXGPF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Next LT-Debt-to-Total-Asset Calculation

Next's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

LT Debt to Total Assets (A: Jan. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2026 )/Total Assets (A: Jan. 2026 )
=1937.348/6651.286
=0.29

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

LT Debt to Total Assets (Q: Jan. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2026 )/Total Assets (Q: Jan. 2026 )
=1937.348/6651.286
=0.29

* 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 0.29 mean?
Next (NXGPF) has a LT-Debt-to-Total-Asset of 0.29 as of Jan. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Next and its competitors.
Is Next's LT-Debt-to-Total-Asset too high?
Next's current LT-Debt-to-Total-Asset is 0.29. Overall, Next has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's LT-Debt-to-Total-Asset compare to TJX and ROST?
Next's LT-Debt-to-Total-Asset of 0.29 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good LT-Debt-to-Total-Asset depends on the Retail - Cyclical 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 Next and its competitors. Next's current LT-Debt-to-Total-Asset is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $165.57, compared to a current price of $197.60 — trading 19.3% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.29. Next's overall GF Score™ is 89/100 with 2 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 Next (NXGPF), the current LT-Debt-to-Total-Asset is 0.29 as of Jan. 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 Next (NXGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of $197.60 is trading 19.3% above its estimated GF Value™ of $165.57. GuruFocus considers Next to be Modestly Overvalued.

Key valuation signals for NXGPF:

  • LT-Debt-to-Total-Asset: 0.29
  • GF Value™: $165.57 vs. price of $197.60 (19.3% above fair value)
  • GF Score™: 89/100 with 2 warning signs

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

Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
89GF Score

Get the complete analysis for NXGPF

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$197.60
Price
$165.57
GF Value