INA-Industrija Nafte DD (ZAG:INA) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is INA-Industrija Nafte DD 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. INA-Industrija Nafte DD's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

INA-Industrija Nafte DD's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.09). It may suggest that INA-Industrija Nafte DD is progressively becoming less dependent on debt to grow their business.

INA-Industrija Nafte DD LT-Debt-to-Total-Asset Historical Data

The historical data trend for INA-Industrija Nafte DD'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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INA-Industrija Nafte DD LT-Debt-to-Total-Asset Chart

INA-Industrija Nafte DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.10

0.09

0.10

INA-Industrija Nafte DD Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.09	0.10	0.09

INA-Industrija Nafte DD LT-Debt-to-Total-Asset Calculation

INA-Industrija Nafte DD'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 )
	=	299.776	/	3141.889
	=	0.10

INA-Industrija Nafte DD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	297.5	/	3340.1
	=	0.09

INA-Industrija Nafte DD (ZAG:INA) 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.

INA-Industrija Nafte DD LT-Debt-to-Total-Asset Related Terms

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INA-Industrija Nafte DD (ZAG:INA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » INA-Industrija Nafte DD (ZAG:INA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020

Website

https://www.ina.hr

INA-Industrija Nafte dd is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.

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