Nanofilm Technologies International (SGX:MZH) LT-Debt-to-Total-Asset : 0.16 (As of Jun. 2024)

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What is Nanofilm Technologies International 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. Nanofilm Technologies International's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.16.

Nanofilm Technologies International's long-term debt to total assets ratio increased from Jun. 2023 (0.08) to Jun. 2024 (0.16). It may suggest that Nanofilm Technologies International is progressively becoming more dependent on debt to grow their business.

Nanofilm Technologies International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nanofilm Technologies International'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.

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Nanofilm Technologies International LT-Debt-to-Total-Asset Chart

Nanofilm Technologies International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.04

0.06

0.07

0.16

Nanofilm Technologies International Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.07	0.07	0.08	0.16	0.16

Nanofilm Technologies International LT-Debt-to-Total-Asset Calculation

Nanofilm Technologies International'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 )
	=	97.239	/	621.499
	=	0.16

Nanofilm Technologies International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	99.473	/	616.641
	=	0.16

Nanofilm Technologies International (SGX:MZH) 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.

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Nanofilm Technologies International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanofilm Technologies International Ltd (SGX:MZH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Tai Seng Drive, Singapore, SGP, 535226

Website

https://www.nti-nanofilm.com

Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.

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