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Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity: 0.78 (As of Mar. 2019)

Nomad Foods Ltd's Current Portion of Long-Term Debt for the quarter that ended in Mar. 2019 was $46 Mil. Nomad Foods Ltd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $2,096 Mil. Nomad Foods Ltd's Total Stockholders Equity for the quarter that ended in Mar. 2019 was $2,765 Mil. Nomad Foods Ltd's debt to equity for the quarter that ended in Mar. 2019 was 0.77.

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.

NYSE:NOMD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75   Max: 1.15
Current: 0.78

0.75
1.15

During the past 4 years, the highest Debt-to-Equity Ratio of Nomad Foods Ltd was 1.15. The lowest was 0.75. And the median was 0.78.

NYSE:NOMD's Debt-to-Equity is ranked lower than
72% of the 1343 Companies
in the Global industry.

( Industry Median: 0.45 vs. NYSE:NOMD: 0.78 )

Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nomad Foods Ltd Annual Data

Mar15 Dec16 Dec17 Dec18
Debt-to-Equity 0.00 0.76 0.76 0.86

Nomad Foods Ltd Quarterly Data

Dec14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Debt-to-Equity 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 0.77 0.90 0.88 0.86 0.78

Competitive Comparison
* 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.


Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity Distribution

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



Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nomad Foods Ltd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(24.345847554 + 1982.82138794) / 2343.45847554
=0.86

Nomad Foods Ltd's Debt to Equity Ratio for the quarter that ended in Mar. 2019 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(46.1016949153 + 2096.15819209) / 2764.51977401
=0.77

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt 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.


Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity Related Terms


Nomad Foods Ltd  (NYSE:NOMD) Debt-to-Equity Headlines

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