Noratis AG (HAM:NUVA) Debt-to-Equity : 0.49 (As of Jun. 2023)

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What is Noratis AG Debt-to-Equity?

Noratis AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €1.47 Mil. Noratis AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €39.41 Mil. Noratis AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €82.98 Mil. Noratis AG's debt to equity for the quarter that ended in Jun. 2023 was 0.49.

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 Noratis AG's Debt-to-Equity or its related term are showing as below:

HAM:NUVA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 2.83 Max: 10.64
Current: 0.49

During the past 8 years, the highest Debt-to-Equity Ratio of Noratis AG was 10.64. The lowest was 0.08. And the median was 2.83.

HAM:NUVA's Debt-to-Equity is ranked better than
61.98% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs HAM:NUVA: 0.49

Noratis AG Debt-to-Equity Historical Data

The historical data trend for Noratis AG'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.

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Noratis AG Debt-to-Equity Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.08

3.90

4.28

4.61

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial											0.39	4.28	0.47	4.61	0.49

Competitive Comparison of Noratis AG's Debt-to-Equity

For the Real Estate - Development subindustry, Noratis AG'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.

Noratis AG's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's Debt-to-Equity distribution charts can be found below:

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

Noratis AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Noratis AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(29.299	+	369.391)	/	86.412
	=	4.61

Noratis AG's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1.469	+	39.408)	/	82.982
	=	0.49

Noratis AG (HAM:NUVA) 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.

Noratis AG Debt-to-Equity Related Terms

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Noratis AG (HAM:NUVA) Business Description

Industry

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Traded in Other Exchanges

NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.