Nordea Bank Abp (CHIX:NDAS) Debt-to-Equity: 7.06 (As of Jun. 2026) — 13% Above Median

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:NDAS Nordea Bank Abp CHIX:NDAS
65 GF Score
Price kr185.50
GF Value kr128.04
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nordea Bank Abp Debt-to-Equity?

Nordea Bank Abp CHIX:NDAS 65 Debt-to-Equity is 7.06 as of Jun. 2026, which is 13% above its 10-year median of 6.27. GuruFocus rates CHIX:NDAS with a GF Score™ of 65/100 and a GF Value™ of kr128.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,422 Banks companies, Nordea Bank Abp ranks worse than 98.45% on this metric.

Nordea Bank Abp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr0 Mil. Nordea Bank Abp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr2,410,590 Mil. Nordea Bank Abp's Total Stockholders Equity for the quarter that ended in Jun. 2026 was kr341,418 Mil. Nordea Bank Abp's debt to equity for the quarter that ended in Jun. 2026 was 7.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nordea Bank Abp's Debt-to-Equity or its related term are showing as below:

CHIX:NDAs' s Debt-to-Equity Range Over the Past 10 Years
Min: 5.33   Med: 6.27   Max: 7.06
Current: 7.06

During the past 13 years, the highest Debt-to-Equity Ratio of Nordea Bank Abp was 7.06. The lowest was 5.33. And the median was 6.27.

CHIX:NDAs's Debt-to-Equity is ranked worse than
98.45% of 1422 companies
in the Banks industry
Industry Median: 0.57 vs CHIX:NDAs: 7.06

Nordea Bank Abp  (CHIX:NDAs) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Nordea Bank Abp Debt-to-Equity Related Terms


Nordea Bank Abp Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nordea Bank Abp's Debt-to-Equity 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.

Nordea Bank Abp Debt-to-Equity Chart

Nordea Bank Abp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 6.17 6.12 6.08 6.37

Nordea Bank Abp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 6.60 6.32 6.37 7.04 7.06

CHIX:NDAS vs PNC, USB: Debt-to-Equity Comparison

For the Banks - Regional subindustry, Nordea Bank Abp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Nordea Bank Abp Debt-to-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Nordea Bank Abp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nordea Bank Abp's Debt-to-Equity falls into.


CHIX:NDAS
65GF Score
Nordea Bank Abp CHIX:NDAS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordea Bank Abp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordea Bank Abp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Nordea Bank Abp's Debt to Equity Ratio 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-Equity →
What does a Debt-to-Equity of 7.06 mean?
Nordea Bank Abp (CHIX:NDAS) has a Debt-to-Equity of 7.06 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nordea Bank Abp and its competitors. This is 13% above median its historical median of 6.27. Over the past decade, Nordea Bank Abp's Debt-to-Equity has ranged from 5.33 to 7.06. According to the industry distribution chart, Nordea Bank Abp ranks #1400 out of 1422 companies in the Banks industry, placing it in the top 98.5%.
Is Nordea Bank Abp's Debt-to-Equity too high?
Nordea Bank Abp's current Debt-to-Equity of 7.06 is 13% above median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 7.06. The Banks industry median Debt-to-Equity is 0.57. Nordea Bank Abp's value of 7.06 is 1138.6% above this industry median. Based on the distribution chart, Nordea Bank Abp ranks #1400 out of 1422 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nordea Bank Abp has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's Debt-to-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Nordea Bank Abp ranks #1400 out of 1422 companies for Debt-to-Equity. This places Nordea Bank Abp in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Nordea Bank Abp's value of 7.06 is 1138.6% above this benchmark. Historically, Nordea Bank Abp's own Debt-to-Equity has ranged from 5.33 to 7.06 over the past decade. While the company's 10-year median is 6.27 vs. the industry median of 0.57, Nordea Bank Abp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,422 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nordea Bank Abp's current Debt-to-Equity of 7.06 is 1138.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nordea Bank Abp and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordea Bank Abp's current Debt-to-Equity is 7.06, which is 13% above median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (CHIX:NDAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr128.04, compared to a current price of kr185.50 — trading 44.9% above its estimated fair value. The current Debt-to-Equity is 7.06, which is 13% above median its 10-year median of 6.27 and 1138.6% above the Banks industry median of 0.57. Nordea Bank Abp's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nordea Bank Abp (CHIX:NDAS), the current Debt-to-Equity is 7.06 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 Nordea Bank Abp (CHIX:NDAS) Overvalued in 2026?

Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued. The current stock price of kr185.50 is trading 44.9% above its estimated GF Value™ of kr128.04. GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.

Key valuation signals for CHIX:NDAS:

  • Debt-to-Equity: 7.06 (13% above median its 10-year median of 6.27)
  • GF Value™: kr128.04 vs. price of kr185.50 (44.9% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 1138.6% above the Banks median (#1400 of 1422)

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


Nordea Bank Abp Business Description

Address Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank that generates most of its income through vanilla lending products such as mortgages, household loans, and corporate loans. The bank is also a leading equity and debt underwriter and issuer, specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
65GF Score

Get the complete analysis for CHIX:NDAS

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

kr185.50
Price
kr128.04
GF Value