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Novabase SGPS (XLIS:NBA) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)


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What is Novabase SGPS 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. Novabase SGPS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Novabase SGPS's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.10). It may suggest that Novabase SGPS is progressively becoming more dependent on debt to grow their business.

Novabase SGPS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Novabase SGPS'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.

Novabase SGPS LT-Debt-to-Total-Asset Chart

Novabase SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.13 0.08 0.04 0.10

Novabase SGPS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.06 0.04 0.15 0.10

Novabase SGPS LT-Debt-to-Total-Asset Calculation

Novabase SGPS'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 )
=18.383/176.667
=0.10

Novabase SGPS'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 )
=18.383/176.667
=0.10

* 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.

Novabase SGPS  (XLIS:NBA) 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.

Novabase SGPS LT-Debt-to-Total-Asset Related Terms

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Novabase SGPS (XLIS:NBA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Novabase SGPS (XLIS:NBA) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XLIS:GLINT XLIS:SNC ACN IBM NSE:TCS FI NSE:INFY NSE:HCLTECH FIS XPAR:CAP IT CTSH CDW TSE:6702 BOM:507685 TSX:GIB.A BR TSE:9613 SAU:7203 TSE:6701
Traded in Other Exchanges
NVQ:Germany
Address
Avenida D Joao II, 34, Parque das Nacoes, Lisbon, PRT, 1998-031
Website
https://www.novabase.pt
Novabase SGPS is engaged in holding and managing financial holding in other companies. The company operates in two business segments, namely, Next-Gen, which develops an IT consulting and services targeting mainly the financial services and Telecommunications industries. The Value Portfolio segment provides IT consulting and services to the government, transportation, energy industries, and IT staffing. It generates maximum revenue from the Next-Gen segment.