Next e GO NV (Next e GO NV) Debt-to-Asset : 0.55 (As of Jun. 2023)

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What is Next e GO NV Debt-to-Asset?

Next e GO NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $57.18 Mil. Next e GO NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $110.43 Mil. Next e GO NV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $307.64 Mil. Next e GO NV's debt to asset for the quarter that ended in Jun. 2023 was 0.54.

Next e GO NV Debt-to-Asset Historical Data

The historical data trend for Next e GO NV's Debt-to-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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Next e GO NV Debt-to-Asset Chart

Next e GO NV Annual Data

Trend

Dec21

Dec22

Debt-to-Asset

0.10

0.36

Next e GO NV Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23
Debt-to-Asset	0.10	-	0.30	0.36	0.55

Competitive Comparison of Next e GO NV's Debt-to-Asset

For the Auto Manufacturers subindustry, Next e GO NV's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Next e GO NV's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Next e GO NV's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Next e GO NV's Debt-to-Asset falls into.

Next e GO NV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Next e GO NV's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(56.255	+	36.544)	/	258.754
	=	0.36

Next e GO NV's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(57.178	+	110.428)	/	307.641
	=	0.54

Next e GO NV (OTCPK:EGOXF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Next e GO NV Debt-to-Asset Related Terms

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Next e GO NV (Next e GO NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Next e GO NV (OTCPK:EGOXF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Next.e.GO Mobile SE, Lilienthalstraße 1, Aachen, DEU, 52068

Website

https://www.e-go-mobile.com

Next e GO NV designs and manufactures battery electric vehicles for the urban environment, with focus on convenience, reliability and affordability. It has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories.

Next e GO NV (Next e GO NV) Headlines

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