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Nordea Bank Abp (Nordea Bank Abp) Debt-to-Equity : 6.78 (As of Mar. 2024)


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What is Nordea Bank Abp Debt-to-Equity?

Nordea Bank Abp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Nordea Bank Abp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $212,949 Mil. Nordea Bank Abp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $31,407 Mil. Nordea Bank Abp's debt to equity for the quarter that ended in Mar. 2024 was 6.78.

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 Nordea Bank Abp's Debt-to-Equity or its related term are showing as below:

NBNKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 5.33   Med: 6.41   Max: 7.29
Current: 6.78

During the past 13 years, the highest Debt-to-Equity Ratio of Nordea Bank Abp was 7.29. The lowest was 5.33. And the median was 6.41.

NBNKF's Debt-to-Equity is ranked worse than
97.77% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs NBNKF: 6.78

Nordea Bank Abp Debt-to-Equity Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Debt-to-Equity Chart

Nordea Bank Abp 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 6.50 5.41 5.49 6.17 6.12

Nordea Bank Abp 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 6.94 6.73 6.46 6.12 6.78

Competitive Comparison of Nordea Bank Abp's Debt-to-Equity

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's Debt-to-Equity distribution charts can be found below:

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



Nordea Bank Abp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordea Bank Abp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Nordea Bank Abp'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.


Nordea Bank Abp  (OTCPK:NBNKF) 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.


Nordea Bank Abp Debt-to-Equity Related Terms

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Nordea Bank Abp (Nordea Bank Abp) Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.