NEX Group (NEX Group) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2018)

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What is NEX Group 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. NEX Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.01.

NEX Group's long-term debt to total assets ratio declined from Mar. 2017 (0.23) to Mar. 2018 (0.01). It may suggest that NEX Group is progressively becoming less dependent on debt to grow their business.

NEX Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for NEX Group'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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NEX Group LT-Debt-to-Total-Asset Chart

NEX Group Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

LT-Debt-to-Total-Asset

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0.02

0.12

0.23

0.01

NEX Group Semi-Annual Data
	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.01	0.23	0.19	0.01

NEX Group LT-Debt-to-Total-Asset Calculation

NEX Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (A: Mar. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2018 )	/	Total Assets (A: Mar. 2018 )
	=	18.156	/	2402.235
	=	0.01

NEX Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (Q: Mar. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2018 )	/	Total Assets (Q: Mar. 2018 )
	=	18.156	/	2402.235
	=	0.01

NEX Group (GREY:NXGRF) 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.

NEX Group LT-Debt-to-Total-Asset Related Terms

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NEX Group (NEX Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NEX Group PLC (GREY:NXGRF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

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Address

Website

http://www.nex.com

NEX Group PLC provides electronic execution, risk mitigation, messaging, broking and information services for wholesale market participants. The Company's reportable segments include NEX Markets and NEX Optimisation. The company acts as an intermediary for FX and fixed income products through the Group's electronic platforms. It is also involved in a non-advisory capacity as principals in the matched purchase and sale of financial instruments between clients and provides technology development services.

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