Nekkar ASA (OSTO:TTSO) Debt-to-Asset : 0.02 (As of Dec. 2023)

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What is Nekkar ASA Debt-to-Asset?

Nekkar ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4.3 Mil. Nekkar ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr9.1 Mil. Nekkar ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was kr600.7 Mil. Nekkar ASA's debt to asset for the quarter that ended in Dec. 2023 was 0.02.

Nekkar ASA Debt-to-Asset Historical Data

The historical data trend for Nekkar ASA'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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Nekkar ASA Debt-to-Asset Chart

Nekkar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.01

0.02

Nekkar ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.03	0.02

Competitive Comparison of Nekkar ASA's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Nekkar 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.

Nekkar ASA's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nekkar ASA's Debt-to-Asset distribution charts can be found below:

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

Nekkar ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nekkar ASA'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
	=	(4.276	+	9.087)	/	600.711
	=	0.02

Nekkar ASA's Debt-to-Asset for the quarter 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
	=	(4.276	+	9.087)	/	600.711
	=	0.02

Nekkar ASA (OSTO:TTSO) 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.

Nekkar ASA Debt-to-Asset Related Terms

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Nekkar ASA (OSTO:TTSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nekkar ASA (OSTO:TTSO) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NKR:Norway 0TT:Germany

Address

Andoyfaret 15, Kristiansand, NOR, 4623

Website

https://www.nekkar.com

Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its main activities are related to Shipyard Solutions, Digital Solutions, and others. The company generates maximum revenue from the Shipyard Solutions segment. Geographically, it derives a majority of revenue from South Asia and also has a presence in Europe; South East Asia; North East Asia; West Asia; America; Africa, and Australia.

Nekkar ASA (OSTO:TTSO) Headlines

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