NatWest Group (NatWest Group) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is NatWest 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. NatWest Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

NatWest Group's long-term debt to total assets ratio increased from Dec. 2022 (0.08) to Dec. 2023 (0.09). It may suggest that NatWest Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for NatWest 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.

* Premium members only.

NatWest Group LT-Debt-to-Total-Asset Chart

NatWest Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.07

0.08

0.09

NatWest Group 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															0.08	0.01	0.09	0.01	0.09

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

NatWest Group'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 )
	=	76043.038	/	876801.266
	=	0.09

NatWest Group'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 )
	=	76043.038	/	876801.266
	=	0.09

NatWest Group (NYSE:NWG) 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.

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

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

NatWest Group (NatWest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NatWest Group PLC (NYSE:NWG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RBSPF:USA NWGl:UK NWG:UK RYSD:Germany RYSD:Germany RYSD:Germany RYSD:Germany N1WG34:Brazil

Address

Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ

Website

https://www.natwestgroup.com

NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.