Nord Insuretech Group AB (NGM:NORDIG) Debt-to-Asset : 0.65 (As of Jun. 2024)

Nord Insuretech Group AB Debt-to-Asset Chart

Nord Insuretech Group AB Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial							-	0.02	0.01	0.50	0.65

Competitive Comparison of Nord Insuretech Group AB's Debt-to-Asset

For the Software - Application subindustry, Nord Insuretech Group AB'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.

Nord Insuretech Group AB's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Nord Insuretech Group AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nord Insuretech Group AB's Debt-to-Asset falls into.

Nord Insuretech Group AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nord Insuretech Group AB's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Nord Insuretech Group AB's Debt-to-Asset for the quarter that ended in Jun. 2024 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.

Nord Insuretech Group AB  (NGM:NORDIG) 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.

Nord Insuretech Group AB Debt-to-Asset Related Terms

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Nord Insuretech Group AB Business Description