Nexera Energy (TSXV:NGY) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Nexera Energy 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. Nexera Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Nexera Energy's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Dec. 2024 (0.13). It may suggest that Nexera Energy is progressively becoming more dependent on debt to grow their business.

Nexera Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nexera Energy'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.

Nexera Energy LT-Debt-to-Total-Asset Chart

Nexera Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Nexera Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.17	0.10	0.11	0.13

Nexera Energy LT-Debt-to-Total-Asset Calculation

Nexera Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	3.833
	=	0.00

Nexera Energy'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 )
	=	0.468	/	3.723
	=	0.13

Nexera Energy (TSXV:NGY) 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.

Nexera Energy LT-Debt-to-Total-Asset Related Terms

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

Nexera Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nexera Energy Inc (TSXV:NGY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

54th Street South East, Suite 11411, Calgary, AB, CAN, T2C 5R9

Website

https://www.nexeraenergy.com

Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.

Executives

Carlo Enrique Gutierrez	Director
Michael Rice	Senior Officer
Clarence Wagenaar	10% Security Holder
Kendall Dilling	Director

Nexera Energy Headlines

No Headlines