Nexity Global (WAR:NXG) LT-Debt-to-Total-Asset : 1.01 (As of Sep. 2024)

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What is Nexity Global 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. Nexity Global's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 1.01.

Nexity Global's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Sep. 2024 (1.01). It may suggest that Nexity Global is progressively becoming more dependent on debt to grow their business.

Nexity Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nexity Global'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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Nexity Global LT-Debt-to-Total-Asset Chart

Nexity Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.06

Nexity Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.99	1.01

Nexity Global LT-Debt-to-Total-Asset Calculation

Nexity Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	0	/	2.809
	=	0.00

Nexity Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.553	/	0.55
	=	1.01

Nexity Global (WAR:NXG) 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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Nexity Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexity Global SA (WAR:NXG) » Definitions » LT-Debt-to-Total-Asset

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Address

Ul. Grunwaldzka 28, Nowy Sacz, POL, 33-300

Website

http://www.nexity.io

Nexity Global SA is a provider of cloud based solutions for full electric vehicle ecosystem. The company provides infrastructure management and electric vehicle charging services along the entire value chain for electromobility. NEXITY NETWORK is a platform that allows its users free access to any electric vehicle charging point. It provides tools that allow users of electric vehicles to charge anywhere without restrictions and without any barriers. On the other hand, it offers a complete, universal and flexible solution in the SaaS model for conducting business in electromobility to anyone who only has a charging station, thus enabling the management of both a single station and a professional network of electric car charging stations, while ensuring easy access to the user.