National Bank of Canada (TSX:NA.PR.X.PFD) LT-Debt-to-Total-Asset : 0.09 (As of Jan. 2025)

View and export this data going back to 2016. Start your Free Trial

What is National Bank of Canada 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. National Bank of Canada's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.09.

National Bank of Canada's long-term debt to total assets ratio increased from Jan. 2024 (0.08) to Jan. 2025 (0.09). It may suggest that National Bank of Canada is progressively becoming more dependent on debt to grow their business.

National Bank of Canada LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Bank of Canada'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.

National Bank of Canada LT-Debt-to-Total-Asset Chart

National Bank of Canada Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.08

0.09

National Bank of Canada Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.09	0.09	0.09	0.09

National Bank of Canada LT-Debt-to-Total-Asset Calculation

National Bank of Canada's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	41982	/	462226
	=	0.09

National Bank of Canada's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	42999	/	483833
	=	0.09

National Bank of Canada (TSX:NA.PR.X.PFD) 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.

National Bank of Canada LT-Debt-to-Total-Asset Related Terms

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

National Bank of Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Canada (TSX:NA.PR.X.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NTIOF:USA NBC:Germany NBC:Germany NA.PR.G.PFD:Canada NA.PR.E.PFD:Canada NA.PR.C.PFD:Canada NA.PR.S.PFD:Canada NA:Canada

Address

800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3

Website

https://www.nbc.ca

National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank is concentrated in the province of Quebec, with additional operations in the rest of Canada and United States. National Bank of Canada also owns ABA Bank, one the largest commercial banks in Cambodia.

National Bank of Canada Headlines

No Headlines