Norbit ASA (OSL:NORBT) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Norbit ASA 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. Norbit ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Norbit ASA's long-term debt to total assets ratio increased from Dec. 2023 (0.11) to Dec. 2024 (0.24). It may suggest that Norbit ASA is progressively becoming more dependent on debt to grow their business.

Norbit ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Norbit ASA'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.

Norbit ASA LT-Debt-to-Total-Asset Chart

Norbit ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.17

0.15

0.11

0.24

Norbit ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	0.25	0.24

Norbit ASA LT-Debt-to-Total-Asset Calculation

Norbit ASA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	521.6	/	2185.3
	=	0.24

Norbit ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	521.6	/	2185.3
	=	0.24

Norbit ASA (OSL:NORBT) 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.

Norbit ASA LT-Debt-to-Total-Asset Related Terms

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

Norbit ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Norbit ASA (OSL:NORBT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NORBITo:Sweden 4NK:Germany

Address

Stiklestadveien 1, Trondheim, NOR, NO-7041

Website

https://www.norbit.com

Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment.

Norbit ASA Headlines

No Headlines