New Wave Holdings (XCNQ:NWAI) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is New Wave Holdings 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. New Wave Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

New Wave Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.04). It may suggest that New Wave Holdings is progressively becoming more dependent on debt to grow their business.

New Wave Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for New Wave Holdings'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.

New Wave Holdings LT-Debt-to-Total-Asset Chart

New Wave Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

New Wave Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	-	-	-	0.04

New Wave Holdings LT-Debt-to-Total-Asset Calculation

New Wave Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0	/	2.446
	=

New Wave Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.117	/	2.981
	=

New Wave Holdings (XCNQ:NWAI) 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.

New Wave Holdings LT-Debt-to-Total-Asset Related Terms

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

New Wave Holdings (XCNQ:NWAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New Wave Holdings Corp (XCNQ:NWAI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TRMNF:USA 0XM0:Germany

Address

1055 W Georgia Street, Suite 1500, Royal Centre, Vancouver, AB, CAN, V6E 4N7

Website

https://www.newwavecorp.com

New Wave Holdings Corp is an investment issuer and its objective is to generate income and achieve long term capital appreciation through investments focused on e-sports, NFT (non-fungible token), metaverse, blockchain and Web 3 sectors.

Executives

Ravinder Kang

Director

New Wave Holdings (XCNQ:NWAI) Headlines

No Headlines