New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) LT-Debt-to-Total-Asset : 0.03 (As of Jan. 2024)

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What is New Zealand Kinglmon Investments 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. New Zealand Kinglmon Investments's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.03.

New Zealand Kinglmon Investments's long-term debt to total assets ratio increased from Jan. 2023 (0.03) to Jan. 2024 (0.03). It may suggest that New Zealand Kinglmon Investments is progressively becoming more dependent on debt to grow their business.

New Zealand Kinglmon Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for New Zealand Kinglmon Investments'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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New Zealand Kinglmon Investments LT-Debt-to-Total-Asset Chart

New Zealand Kinglmon Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.07

0.15

0.02

0.03

New Zealand Kinglmon Investments Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jan22	Jul22	Jan23	Jul23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.02	0.02	0.03	0.03	0.03

New Zealand Kinglmon Investments LT-Debt-to-Total-Asset Calculation

New Zealand Kinglmon Investments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	4.856	/	147.406
	=	0.03

New Zealand Kinglmon Investments's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	4.856	/	147.406
	=	0.03

New Zealand Kinglmon Investments (OTCPK:NZKSF) 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.

New Zealand Kinglmon Investments LT-Debt-to-Total-Asset Related Terms

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New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Zealand King Salmon Investments Ltd (OTCPK:NZKSF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NZK:New Zealand NZK:Australia

Address

17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011

Website

https://www.kingsalmon.co.nz

New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish; Fillets, Steaks & Portions; Wood Roasted; Cold Smoked; and Others. The company's geographical area of revenue are North America, Australia, Japan, China, Europe, Others and majority being from New Zealand.

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Headlines

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Full Year 2023 New Zealand King Salmon Investments Ltd Earnings Call Transcript

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