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Norbord (Norbord) Debt-to-Equity : 0.76 (As of Sep. 2020)


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What is Norbord Debt-to-Equity?

Norbord's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0 Mil. Norbord's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $670 Mil. Norbord's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $881 Mil. Norbord's debt to equity for the quarter that ended in Sep. 2020 was 0.76.

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

OSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.95   Max: 2.48
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Norbord was 2.48. The lowest was 0.42. And the median was 0.95.

OSB's Debt-to-Equity is not ranked
in the Forest Products industry.
Industry Median: 0.51 vs OSB: 0.76

Norbord Debt-to-Equity Historical Data

The historical data trend for Norbord'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.

Norbord Debt-to-Equity Chart

Norbord Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.15 0.54 0.67 1.05

Norbord Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.99 1.05 1.17 0.98 0.76

Competitive Comparison of Norbord's Debt-to-Equity

For the Lumber & Wood Production subindustry, Norbord'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.


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

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

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



Norbord Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Norbord's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Norbord's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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.


Norbord  (NYSE:OSB) 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.


Norbord Debt-to-Equity Related Terms

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


Norbord (Norbord) Business Description

Traded in Other Exchanges
N/A
Address
Secretariat, 1 Toronto Street, Suite 600, Toronto, ON, CAN, M5C 2W4
Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe.