Nordex SE (XTER:NDX1) Debt-to-Asset : 0.09 (As of Dec. 2023)

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What is Nordex SE Debt-to-Asset?

Nordex SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €78 Mil. Nordex SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €398 Mil. Nordex SE's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €5,422 Mil. Nordex SE's debt to asset for the quarter that ended in Dec. 2023 was 0.09.

Nordex SE Debt-to-Asset Historical Data

The historical data trend for Nordex SE'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.

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Nordex SE Debt-to-Asset Chart

Nordex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.18

0.21

0.12

0.09

Nordex SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.13	0.05	0.04	0.09

Competitive Comparison of Nordex SE's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Nordex SE'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.

Nordex SE's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordex SE's Debt-to-Asset distribution charts can be found below:

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

Nordex SE Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nordex SE's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(77.57	+	397.501)	/	5422.031
	=	0.09

Nordex SE's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(77.57	+	397.501)	/	5422.031
	=	0.09

Nordex SE (XTER:NDX1) 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.

Nordex SE Debt-to-Asset Related Terms

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Nordex SE (XTER:NDX1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (XTER:NDX1) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NRXXY:USA NRDXF:USA 1NDX:Italy NDX1d:UK 0MEC:UK NDX1:Austria

Address

Langenhorner Chaussee 600, Hamburg, DEU, 22419

Website

https://www.nordex-online.com

Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.

Executives

José Luis Blanco Diéguez	Board of Directors
Patxi Landa Esparza	Board of Directors

Nordex SE (XTER:NDX1) Headlines

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