Nuvve Holding (Nuvve Holding) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Nuvve Holding Debt-to-Equity?

Nuvve Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.86 Mil. Nuvve Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.65 Mil. Nuvve Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.69 Mil. Nuvve Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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 Nuvve Holding's Debt-to-Equity or its related term are showing as below:

NVVE' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.87 Med: 0.17 Max: 0.72
Current: 0.72

During the past 4 years, the highest Debt-to-Equity Ratio of Nuvve Holding was 0.72. The lowest was -4.87. And the median was 0.17.

NVVE's Debt-to-Equity is ranked worse than
54.89% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs NVVE: 0.72

Nuvve Holding Debt-to-Equity Historical Data

The historical data trend for Nuvve Holding'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.

Nuvve Holding Debt-to-Equity Chart

Nuvve Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-4.87

0.12

0.21

0.72

Nuvve Holding Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.21	0.27	0.32	0.49	0.72

Competitive Comparison of Nuvve Holding's Debt-to-Equity

For the Specialty Retail subindustry, Nuvve Holding'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.

Nuvve Holding's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nuvve Holding's Debt-to-Equity distribution charts can be found below:

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

Nuvve Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuvve Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.856	+	4.646)	/	7.691
	=	0.72

Nuvve Holding's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.856	+	4.646)	/	7.691
	=	0.72

Nuvve Holding (NAS:NVVE) 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.

Nuvve Holding Debt-to-Equity Related Terms

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

Nuvve Holding (Nuvve Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nuvve Holding Corp (NAS:NVVE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2488 Historic Decatur Road, Suite 200, San Diego, CA, USA, 92106

Website

https://www.nuvve.com

Nuvve Holding Corp is accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology. It helps to support the integration of renewable energy sources, including solar and wind. Its Grid Integrated Vehicle (GIV) platform is refueling the next generation of electric vehicle fleets through bidirectional charging solutions.

Executives

David Robson	officer: Chief Financial Officer	FARMER BROS.CO., 1912 FARMER BROTHERS DR, NORTHLAKE TX 76262
Gregory Poilasne	director, officer: Chief Executive Officer	C/O NUVVE HOLDING CORP., 2468 HISTORIC DECATUR ROAD, SAN DIEGO CA 92106
Stonepeak Gp Investors Holdings Lp	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Upper Holdings Lp	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Holdings Manager Llc	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Ted C. Smith	director, officer: President & COO	C/O NUVVE HOLDING CORP., 2468 HISTORIC DECATUR ROAD, SAN DIEGO CA 92106
Lande Rashida La	director	C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200, PITTSBURGH PA 15222
Stonepeak Rocket Holdings Ii Lp	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Iv Llc	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Associates Iv Llc	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Evolve Transition Infrastructure Lp	10 percent owner	1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Stonepeak Rocket Holdings Lp	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Rocket Upper Holdings Lp	10 percent owner	55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Stonepeak Gp Investors Manager Llc	10 percent owner	55 HUDSON YARDS, 550 W. 34TH STREET, 48TH FLOOR, NEW YORK NY 10001
Michael B. Dorrell	10 percent owner	55 HUDSON YARDS, 550 W. 34TH STREET, 48TH FLOOR, NEW YORK NY 10001