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NCC AB (FRA:NCGB) Debt-to-Equity : 0.75 (As of Mar. 2024)


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What is NCC AB Debt-to-Equity?

NCC AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €217 Mil. NCC AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €275 Mil. NCC AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €654 Mil. NCC AB's debt to equity for the quarter that ended in Mar. 2024 was 0.75.

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 NCC AB's Debt-to-Equity or its related term are showing as below:

FRA:NCGB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 0.82   Max: 3.02
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of NCC AB was 3.02. The lowest was 0.44. And the median was 0.82.

FRA:NCGB's Debt-to-Equity is ranked worse than
66.53% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs FRA:NCGB: 0.75

NCC AB Debt-to-Equity Historical Data

The historical data trend for NCC AB'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.

NCC AB Debt-to-Equity Chart

NCC AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.15 0.72 0.60 0.72

NCC AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 0.65 0.83 0.73 0.72 0.75

Competitive Comparison of NCC AB's Debt-to-Equity

For the Engineering & Construction subindustry, NCC AB'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.


NCC AB's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, NCC AB's Debt-to-Equity distribution charts can be found below:

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



NCC AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NCC AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

NCC AB's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


NCC AB  (FRA:NCGB) 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.


NCC AB Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of NCC AB's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


NCC AB (FRA:NCGB) Business Description

Address
Herrjarva Torg 4, Solna, SWE, SE-170 80
NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.

NCC AB (FRA:NCGB) Headlines

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