Netgear (Netgear) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is Netgear 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. Netgear's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Netgear's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Dec. 2023 (0.04). It may suggest that Netgear is progressively becoming more dependent on debt to grow their business.

Netgear LT-Debt-to-Total-Asset Historical Data

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

Netgear Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.03

0.04

Netgear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.04	0.04	0.04

Netgear LT-Debt-to-Total-Asset Calculation

Netgear's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	29.698	/	847.142
	=	0.04

Netgear's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	29.698	/	847.142
	=	0.04

Netgear (NAS:NTGR) 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.

Netgear LT-Debt-to-Total-Asset Related Terms

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Netgear (Netgear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netgear Inc (NAS:NTGR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NGJ:Germany

Address

350 East Plumeria Drive, San Jose, CA, USA, 95134

Website

https://www.netgear.com

Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.

Executives

Andrew Wonki Kim	officer: SVP, Legal and Corp. Dev.	892 RUSSET DR., SUNNYVALE CA 94087
Martin Westhead	officer: CTO	350 E. PLUMERIA DR., SAN JOSE CA 95134
Heidi Cormack	officer: SVP, Marketing	350 E. PLUMERIA DR., SAN JOSE CA 95134
Vikram Mehta	officer: SVP, CBU	350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael A Werdann	officer: SVP of Worldwide Sales	4500 GREAT AMERICAN PARKWAY, C/O NETGEAR INC, SANTA CLARA CA 95054
Laura Durr	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark G Merrill	officer: Chief Technology Officer
Patrick Cs Lo	director, officer: Chairman and CEO
Shravan Goli	director	1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
David John Henry	officer: SVP, Home Networking	350 E. PLUMERIA DR., SAN JOSE CA 95134
Thomas H Waechter	director
Michael F Falcon	officer: SVP, Operations
Tamesa Rogers	officer: SVP, Human Resources	350 EAST PLUMERIA DR, SAN JOSE CA 95134
Murray Bryan	officer: CFO	350 E. PLUMERIA DR., SAN JOSE CA 95134
Gregory J Rossman	director	500 NYALA FARM RD, WESTPORT CT 06880