Nerdwallet (Nerdwallet) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Nerdwallet Debt-to-Equity?

Nerdwallet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Nerdwallet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Nerdwallet's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $378.7 Mil. Nerdwallet's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

NRDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.22 Max: 6.18
Current: 0.03

During the past 5 years, the highest Debt-to-Equity Ratio of Nerdwallet was 6.18. The lowest was 0.03. And the median was 0.22.

NRDS's Debt-to-Equity is ranked better than
83.06% of 425 companies
in the Interactive Media industry
Industry Median: 0.15 vs NRDS: 0.03

Nerdwallet Debt-to-Equity Historical Data

The historical data trend for Nerdwallet'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.

Nerdwallet Debt-to-Equity Chart

Nerdwallet Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

6.18

0.55

0.06

0.04

0.03

Nerdwallet Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											-	-	-	0.03	-

Competitive Comparison of Nerdwallet's Debt-to-Equity

For the Internet Content & Information subindustry, Nerdwallet'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.

Nerdwallet's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nerdwallet's Debt-to-Equity distribution charts can be found below:

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

Nerdwallet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nerdwallet'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
	=	(3.4	+	6.2)	/	366.9
	=	0.03

Nerdwallet's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	0)	/	378.7
	=	0.00

Nerdwallet (NAS:NRDS) 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.

Nerdwallet Debt-to-Equity Related Terms

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

Nerdwallet (Nerdwallet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nerdwallet Inc (NAS:NRDS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6OI:Germany

Address

55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105

Website

https://www.nerdwallet.com

Nerdwallet Inc is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare, personal loans and airlines.

Executives

Maurice Kevin Taylor	director	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen	director, 10 percent owner, officer: Chief Executive Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann	officer: Chief Business Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount	officer: VP, General Manager	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
John Caine	officer: Chief Product Officer	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Lauren Stclair	officer: Chief Financial Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kelly Gillease	officer: Chief Marketing Officer	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube	director	C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro	director	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran	director	C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Kenneth Thomas Mcbride	director	STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii	director	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025