Nordic Unmanned ASA (FRA:8VH) Debt-to-Asset : 0.48 (As of Sep. 2023)

Nordic Unmanned ASA Debt-to-Asset Chart

Nordic Unmanned ASA Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial													0.32	0.31	0.42	0.47	0.48

Competitive Comparison of Nordic Unmanned ASA's Debt-to-Asset

For the Aerospace & Defense subindustry, Nordic Unmanned ASA'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.

Nordic Unmanned ASA's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Nordic Unmanned ASA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nordic Unmanned ASA's Debt-to-Asset falls into.

Nordic Unmanned ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nordic Unmanned ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Nordic Unmanned ASA's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

* 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.

Nordic Unmanned ASA  (FRA:8VH) 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.

Nordic Unmanned ASA Debt-to-Asset Related Terms

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Nordic Unmanned ASA (FRA:8VH) Business Description