NTOIF (Neste OYJ) Debt-to-Asset : 0.27 (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.

NTOIF Neste OYJ NTOIF
75 GF Score
Price $34.70
GF Value $21.60
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Neste OYJ Debt-to-Asset?

Neste OYJ NTOIF 75 Debt-to-Asset is 0.27 as of Jun. 2026. GuruFocus rates NTOIF with a GF Score™ of 75/100 and a GF Value™ of $21.60 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Neste OYJ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $521 Mil. Neste OYJ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $4,892 Mil. Neste OYJ's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $20,032 Mil. Neste OYJ's debt to asset for the quarter that ended in Jun. 2026 was 0.27.


Neste OYJ  (OTCPK:NTOIF) 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.


Neste OYJ Debt-to-Asset Related Terms


Neste OYJ Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Neste OYJ'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.

Neste OYJ Debt-to-Asset Chart

Neste OYJ 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 0.14 0.18 0.26 0.33 0.33

Neste OYJ 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 0.35 0.34 0.33 0.29 0.27

NTOIF vs MPC, VLO, PSX: Debt-to-Asset Comparison

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Neste OYJ's Debt-to-Asset falls into.


NTOIF
75GF Score
Neste OYJ NTOIF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neste OYJ Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Neste OYJ's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(551.522 + 5518.735) / 18441.452
=0.33

Neste OYJ's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(520.737 + 4891.705) / 20032.258
=0.27

* 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 0.27 mean?
Neste OYJ (NTOIF) has a Debt-to-Asset of 0.27 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Neste OYJ and its competitors.
Is Neste OYJ's Debt-to-Asset too high?
Neste OYJ's current Debt-to-Asset is 0.27. Overall, Neste OYJ has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's Debt-to-Asset compare to MPC and VLO?
Neste OYJ's Debt-to-Asset of 0.27 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas 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 Neste OYJ and its competitors. Neste OYJ's current Debt-to-Asset is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Based on GuruFocus' analysis, Neste OYJ (NTOIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.60, compared to a current price of $34.70 — trading 60.6% above its estimated fair value. The current Debt-to-Asset is 0.27. Neste OYJ's overall GF Score™ is 75/100 with 9 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 Neste OYJ (NTOIF), the current Debt-to-Asset is 0.27 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 Neste OYJ (NTOIF) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of $34.70 is trading 60.6% above its estimated GF Value™ of $21.60. GuruFocus considers Neste OYJ to be Significantly Overvalued.

Key valuation signals for NTOIF:

  • Debt-to-Asset: 0.27
  • GF Value™: $21.60 vs. price of $34.70 (60.6% above fair value)
  • GF Score™: 75/100 with 9 warning signs

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


Neste OYJ Business Description

Industry EnergyOil & Gas
Address Keilaranta 21, Espoo, FIN, 02150
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
75GF Score

Get the complete analysis for NTOIF

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

$34.70
Price
$21.60
GF Value