New Work SE (XTER:NWO) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2024)

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What is New Work SE 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 Work SE's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.04.

New Work SE's long-term debt to total assets ratio declined from Jun. 2023 (0.15) to Jun. 2024 (0.04). It may suggest that New Work SE is progressively becoming less dependent on debt to grow their business.

New Work SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for New Work SE'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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New Work SE LT-Debt-to-Total-Asset Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.16

0.15

0.14

New Work SE Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.14	0.05	0.04

New Work SE LT-Debt-to-Total-Asset Calculation

New Work SE'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 )
	=	48.254	/	348.547
	=	0.14

New Work SE'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 )
	=	12.943	/	298.766
	=	0.04

New Work SE (XTER:NWO) 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 Work SE LT-Debt-to-Total-Asset Related Terms

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New Work SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (XTER:NWO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and job opportunities, among others. The company organizes itself into three business segments: B2C, HR Solutions & Talent Access, and B2B marketing solutions. The HR Solutions & Talent Access segment is generating the majority of its revenue. Geographically the company generates key revenue from Germany.

Executives

Petra Von Strombeck

Board of Directors

New Work SE Headlines

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