Nordic Flanges Group AB (OSTO:NFGAB) Debt-to-Asset : 0.37 (As of Dec. 2024)

Nordic Flanges Group AB Debt-to-Asset Chart

Nordic Flanges Group AB Annual Data
	Trend	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Debt-to-Asset		Get a 7-Day Free Trial					0.32	0.39	0.38	0.41	0.37

Nordic Flanges Group AB Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.41	0.27	0.24	0.27	0.37

Competitive Comparison of Nordic Flanges Group AB's Debt-to-Asset

For the Metal Fabrication subindustry, Nordic Flanges 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.

Nordic Flanges Group AB's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordic Flanges Group AB's Debt-to-Asset distribution charts can be found below:

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

Nordic Flanges Group AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nordic Flanges Group AB's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Nordic Flanges Group AB's Debt-to-Asset for the quarter that ended in Dec. 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.

Nordic Flanges Group AB  (OSTO:NFGAB) 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.

Nordic Flanges Group AB Debt-to-Asset Related Terms

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Nordic Flanges Group AB Business Description