Northbaze Group AB (OSTO:NBZ) Debt-to-Equity : 0.42 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Northbaze Group AB Debt-to-Equity?

Northbaze Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr32.4 Mil. Northbaze Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0.2 Mil. Northbaze Group AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr77.9 Mil. Northbaze Group AB's debt to equity for the quarter that ended in Sep. 2023 was 0.42.

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

OSTO:NBZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.29 Max: 0.67
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Northbaze Group AB was 0.67. The lowest was 0.00. And the median was 0.29.

OSTO:NBZ's Debt-to-Equity is ranked worse than
61.93% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs OSTO:NBZ: 0.42

Northbaze Group AB Debt-to-Equity Historical Data

The historical data trend for Northbaze Group 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.

Northbaze Group AB Debt-to-Equity Chart

Northbaze Group AB Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.48

0.13

0.67

0.56

0.40

Northbaze Group AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.40	0.38	0.39	0.42

Competitive Comparison of Northbaze Group AB's Debt-to-Equity

For the Consumer Electronics subindustry, Northbaze Group 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.

Northbaze Group AB's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Northbaze Group AB's Debt-to-Equity distribution charts can be found below:

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

Northbaze Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northbaze Group AB'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
	=	(36.541	+	1.286)	/	95.345
	=	0.40

Northbaze Group AB's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(32.361	+	0.207)	/	77.897
	=	0.42

Northbaze Group AB (OSTO:NBZ) 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.

Northbaze Group AB Debt-to-Equity Related Terms

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

Northbaze Group AB (OSTO:NBZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Northbaze Group AB (OSTO:NBZ) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Asogatan 121, 4F, Stockholm, SWE, 116 24

Website

https://www.jaysheadphones.com

Northbaze Group AB, formerly Jays Group AB is a Sweden based company engaged in designing, engineering, and marketing of earphones, headphones and other musical related products. The company markets its products in the international market under its own brand name. Its products include a-JAYS and q-JAYS series earphones, u-JAYS On-ear headphones, and others. The products of the company are used together with mobile phones, tablets, and media players.

Northbaze Group AB (OSTO:NBZ) Headlines

No Headlines