NTG Nordic Transport Group AS (CHIX:NTGC) Debt-to-Asset : 0.40 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:NTGC NTG Nordic Transport Group AS CHIX:NTGC
83 GF Score
Price kr277.00
GF Value kr296.25
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is NTG Nordic Transport Group AS Debt-to-Asset?

NTG Nordic Transport Group AS CHIX:NTGC 83 Debt-to-Asset is 0.40 as of Jun. 2026. GuruFocus rates CHIX:NTGC with a GF Score™ of 83/100 and a GF Value™ of kr296.25 (Fairly Valued). The stock has 7 warning signs investors should review.

NTG Nordic Transport Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr363 Mil. NTG Nordic Transport Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr2,393 Mil. NTG Nordic Transport Group AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was kr6,922 Mil. NTG Nordic Transport Group AS's debt to asset for the quarter that ended in Jun. 2026 was 0.40.


NTG Nordic Transport Group AS  (CHIX:NTGc) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


NTG Nordic Transport Group AS Debt-to-Asset Related Terms


NTG Nordic Transport Group AS Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport Group AS's Debt-to-Asset 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.

NTG Nordic Transport Group AS Debt-to-Asset Chart

NTG Nordic Transport Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.19 0.23 0.23 0.20

NTG Nordic Transport Group AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.20 0.20 0.20 0.43 0.40

CHIX:NTGC vs UPS, FDX, EXPD: Debt-to-Asset Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group AS's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


NTG Nordic Transport Group AS Debt-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's Debt-to-Asset falls into.


CHIX:NTGC
83GF Score
NTG Nordic Transport Group AS CHIX:NTGC
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTG Nordic Transport Group AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NTG Nordic Transport Group AS's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

NTG Nordic Transport Group AS's Debt-to-Asset for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.40 mean?
NTG Nordic Transport Group AS (CHIX:NTGC) has a Debt-to-Asset of 0.40 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on NTG Nordic Transport Group AS and its competitors.
Is NTG Nordic Transport Group AS's Debt-to-Asset too high?
NTG Nordic Transport Group AS's current Debt-to-Asset is 0.40. Overall, NTG Nordic Transport Group AS has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Debt-to-Asset compare to UPS and FDX?
NTG Nordic Transport Group AS's Debt-to-Asset of 0.40 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on NTG Nordic Transport Group AS and its competitors. NTG Nordic Transport Group AS's current Debt-to-Asset is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (CHIX:NTGC) is currently considered Fairly Valued. The stock's GF Value™ is kr296.25, compared to a current price of kr277.00 — trading 6.5% below its estimated fair value. The current Debt-to-Asset is 0.40. NTG Nordic Transport Group AS's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For NTG Nordic Transport Group AS (CHIX:NTGC), the current Debt-to-Asset is 0.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NTG Nordic Transport Group AS (CHIX:NTGC) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr277.00 is trading 6.5% below its estimated GF Value™ of kr296.25. GuruFocus considers NTG Nordic Transport Group AS to be Fairly Valued.

Key valuation signals for CHIX:NTGC:

  • Debt-to-Asset: 0.40
  • GF Value™: kr296.25 vs. price of kr277.00 (6.5% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the CHIX:NTGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTG Nordic Transport Group AS Business Description

Other Exchanges NTG:DenmarkNRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
83GF Score

Get the complete analysis for CHIX:NTGC

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr277.00
Price
kr296.25
GF Value