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NOBA Bank Group AB (publ)CHIX:NOBAS +0.47%11 Debt-to-Equity is 1.01 as of Mar. 2026, which is 3% above its 10-year median of 0.98. GuruFocus rates CHIX:NOBAS with a GF Score™ of 11/100. The stock has 1 warning sign investors should review. Among 1,422 Banks companies, NOBA Bank Group AB (publ) ranks worse than 67.51% on this metric.
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 NOBA Bank Group AB (publ)'s Debt-to-Equity or its related term are showing as below:
CHIX:NOBAs'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 0.98 Max: 1.08
Current: 1.01
During the past 5 years, the highest Debt-to-Equity Ratio of NOBA Bank Group AB (publ) was 1.08. The lowest was 0.90. And the median was 0.98.
CHIX:NOBAs's Debt-to-Equity is ranked worse than 67.51% of 1422
companies
in the Banks industry
Industry Median: 0.58
vs CHIX:NOBAs: 1.01
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.
NOBA Bank Group AB (publ) Debt-to-Equity Related Terms
NOBA Bank Group AB (publ) Debt-to-Equity Historical Data
* 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.
CHIX:NOBAS vs JPM, BAC, WFC: Debt-to-Equity Comparison
For the Banks - Diversified subindustry, NOBA Bank Group AB (publ)'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.
NOBA Bank Group AB (publ) Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, NOBA Bank Group AB (publ)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NOBA Bank Group AB (publ)'s Debt-to-Equity falls into.
* 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.
NOBA Bank Group AB (publ) (CHIX:NOBAS) has a Debt-to-Equity of 1.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NOBA Bank Group AB (publ) and its competitors. This is near median its historical median of 0.98. Over the past decade, NOBA Bank Group AB (publ)'s Debt-to-Equity has ranged from 0.90 to 1.08. According to the industry distribution chart, NOBA Bank Group AB (publ) ranks #960 out of 1422 companies in the Banks industry, placing it in the top 67.5%.
Is NOBA Bank Group AB (publ)'s Debt-to-Equity too high?
NOBA Bank Group AB (publ)'s current Debt-to-Equity of 1.01 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.08. The Banks industry median Debt-to-Equity is 0.58. NOBA Bank Group AB (publ)'s value of 1.01 is 74.1% above this industry median. Based on the distribution chart, NOBA Bank Group AB (publ) ranks #960 out of 1422 companies in the Banks industry, which is below the industry midpoint. Overall, NOBA Bank Group AB (publ) has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does NOBA Bank Group AB (publ)'s Debt-to-Equity compare to JPM and BAC?
According to the Banks industry distribution chart, NOBA Bank Group AB (publ) ranks #960 out of 1422 companies for Debt-to-Equity. This places NOBA Bank Group AB (publ) in the lower half of its industry. The industry median Debt-to-Equity is 0.58. NOBA Bank Group AB (publ)'s value of 1.01 is 74.1% above this benchmark. Historically, NOBA Bank Group AB (publ)'s own Debt-to-Equity has ranged from 0.90 to 1.08 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.58, NOBA Bank Group AB (publ) 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 0.58, 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. NOBA Bank Group AB (publ)'s current Debt-to-Equity of 1.01 is 74.1% 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 NOBA Bank Group AB (publ) and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOBA Bank Group AB (publ)'s current Debt-to-Equity is 1.01, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOBA Bank Group AB (publ) stock overvalued right now?
NOBA Bank Group AB (publ) (CHIX:NOBAS) has a current Debt-to-Equity of 1.01. The current Debt-to-Equity is 1.01, which is near median its 10-year median of 0.98 and 74.1% above the Banks industry median of 0.58. NOBA Bank Group AB (publ)'s overall GF Score™ is 11/100 with 1 warning sign 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 NOBA Bank Group AB (publ) (CHIX:NOBAS), the current Debt-to-Equity is 1.01 as of Mar. 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.
NOBA Bank Group AB (publ) is a European specialist bank operating through three brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension. It offers retail financial products in four main segments: Private Loans, Credit Cards, Secured Loans (including specialist and equity release mortgages), and Other services such as deposits. Geographically, the company operates in eight countries, with a presence in the Nordic region (Sweden, Norway, Finland, Denmark), as well as Germany, Spain, the Netherlands, and Ireland.
11GF Score
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