Nordson (Nordson) Debt-to-Equity

: 0.65 (As of Jan. 2024)

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Nordson's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $139 Mil. Nordson's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1,617 Mil. Nordson's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $2,724 Mil. Nordson's debt to equity for the quarter that ended in Jan. 2024 was 0.64.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nordson's Debt-to-Equity or its related term are showing as below:

NDSN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.87 Max: 1.79
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Nordson was 1.79. The lowest was 0.37. And the median was 0.87.

NDSN's Debt-to-Equity is ranked worse than
74.56% of 2618 companies
in the Industrial Products industry
Industry Median: 0.29 vs NDSN: 0.65

Nordson Debt-to-Equity Historical Data

The historical data trend for Nordson's Debt-to-Equity 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.

Nordson Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

0.80

0.71

0.44

0.38

0.72

Nordson Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity																0.47	0.43	0.37	0.72	0.65

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Nordson's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nordson Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, Nordson's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nordson's Debt-to-Equity falls into.

Nordson Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordson's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(137.433	+	1725.476)	/	2598.06
	=	0.72

Nordson's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(138.524	+	1617.416)	/	2723.967
	=	0.64

Nordson (NAS:NDSN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Nordson Debt-to-Equity Related Terms

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Nordson (Nordson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordson Corp (NAS:NDSN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ND1:Germany

Address

28601 Clemens Road, Westlake, OH, USA, 44145

Website

https://www.nordson.com

Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.

Executives

Srinivas Subramanian	officer: Executive Vice President	28601 CLEMENS ROAD, WESTLAKE OH 44145
Stephen Lovass	officer: Executive Vice President	C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE X1 44145
Joseph P Kelley	officer: EVP and CFO	6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Stephen F Shamrock	officer: Interim CFO	28601 CLEMENS ROAD, WESTLAKE OH 44145
Mary G Puma	director	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeffrey A Pembroke	officer: Executive Vice President	C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sarah Siddiqui	officer: EVP, CHRO	C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Shelly Peet	officer: Executive Vice President	28601 CLEMENS ROAD, WESTLAKE OH 44145
Sundaram Nagarajan	director, officer: President and CEO	28601 CLEMENS ROAD, WESTLAKE OH 44145
Jennifer L Mcdonough	officer: EVP, GC, and Secretary	C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Michael J Merriman	director	C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Richey Victor L Jr	director	C/O ESCO TECHNOLOGIES, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Frank M Jaehnert	director	C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Ginger M Jones	director	55 JEWELERS PARK DRIVE, NEENAH WI 54956
Jennifer A Parmentier	director	6035 PARKLAND BLVD, CLEVELAND OH 44124