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Neenah (Neenah) Debt-to-Equity : 1.63 (As of Mar. 2022)


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What is Neenah Debt-to-Equity?

Neenah's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $10 Mil. Neenah's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $492 Mil. Neenah's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $308 Mil. Neenah's debt to equity for the quarter that ended in Mar. 2022 was 1.63.

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

NP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53   Med: 0.96   Max: 3.54
Current: 1.63

During the past 13 years, the highest Debt-to-Equity Ratio of Neenah was 3.54. The lowest was 0.53. And the median was 0.96.

NP's Debt-to-Equity is not ranked
in the Forest Products industry.
Industry Median: 0.51 vs NP: 1.63

Neenah Debt-to-Equity Historical Data

The historical data trend for Neenah'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.

Neenah Debt-to-Equity Chart

Neenah Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.61 0.53 0.59 1.52

Neenah Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.59 1.42 1.48 1.52 1.63

Competitive Comparison of Neenah's Debt-to-Equity

For the Paper & Paper Products subindustry, Neenah'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.


Neenah's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Neenah's Debt-to-Equity distribution charts can be found below:

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



Neenah Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Neenah's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Neenah's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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.


Neenah  (NYSE:NP) 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.


Neenah Debt-to-Equity Related Terms

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


Neenah (Neenah) Business Description

Traded in Other Exchanges
N/A
Address
3460 Preston Ridge Road, Suite 600, Alpharetta, GA, USA, 30005
Neenah Inc produces and sells a variety of paper and performance-based technical products. The company reportable segments include Technical Products which sells filtration products used to filter air, fuel, water, and oil in automobiles. It's Fine Paper and Packaging, sells paper for writing, specialty paper, and envelopes used in corporate-branded paper materials, labels, and packaging. The company generates maximum revenue from Technical product segment. Geographically, it operates in North America, Spain, Germany and Rest of Europe.
Executives
Kimberly Ann Debrock officer: VP, Controller & CAO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Julie Schertell officer: President - Fine Paper 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Jason T Free officer: EVP, Operations 3460 PRESTON RIDGE ROAD SUITE 600 ALPHARETTA GA 30005
Margaret S Dano director FLEETWOOD ENTERPRISES INC, 3125 MYERS STREET PO BOX 7638, RIVERSIDE CA 92513-7638
Larry Newton Brownlee officer: VP & Controller 3460 PRESTON RIDGE ROAD SUITE 600 ALPHARETA GA 30005
Shruti Singhal director 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kingsley E. Shannon officer: SVP, President - Fine Paper 3460 PRESTON RIDGE ROAD SUITE 600 ALPHARETTA GA 30005
Paul F Desantis officer: SVP, CFO & Treasurer 25435 HARVARD RD, BEACHWOOD OH 44122-6201
Michael W Rickheim officer: SVP, CHRO & CAO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
John P O'donnell officer: SVP, Pres., Fine Paper 3460 PRESTON RIDGE, SUITE 600, ALPHARETTA GA 30005
Bonnie Cruickshank Lind officer: S.R V.P., CFO & Treasurer 3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Noah Samuel Benz officer: SVP, General Counsel & Sec 3460 PRESTON RIDGE ROAD SUITE 600 ALPHARETTA GA 30005
Philip C Moore director 3460 PRESTON RIDGE ROAD ALPHARETTA GA 30005
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675