Nobia AB (OSTO:NOBI) Debt-to-Asset : 0.42 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Nobia AB Debt-to-Asset?

Nobia AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr312 Mil. Nobia AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5,267 Mil. Nobia AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr13,206 Mil. Nobia AB's debt to asset for the quarter that ended in Mar. 2024 was 0.42.

Nobia AB Debt-to-Asset Historical Data

The historical data trend for Nobia AB'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.

* Premium members only.

Nobia AB Debt-to-Asset Chart

Nobia AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.33

0.25

0.21

0.31

0.40

Nobia AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.33	0.34	0.36	0.40	0.42

Competitive Comparison of Nobia AB's Debt-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Nobia AB'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.

Nobia AB's Debt-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nobia AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nobia AB's Debt-to-Asset falls into.

Nobia AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nobia AB's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(538	+	4910)	/	13615
	=	0.40

Nobia AB's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(312	+	5267)	/	13206
	=	0.42

Nobia AB (OSTO:NOBI) 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.

Nobia AB Debt-to-Asset Related Terms

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

Nobia AB (OSTO:NOBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nobia AB (OSTO:NOBI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

0GW0:UK NI8:Germany

Address

Blekholmstorget 30E, Stockholm, SWE, 111 64

Website

https://www.nobia.com

Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.

Nobia AB (OSTO:NOBI) Headlines

No Headlines