National Industries Group HoldingK (DFM:NIND) Debt-to-Equity: 1.36 (As of Mar. 2026) — 19% Below Median

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DFM:NIND National Industries Group Holding SAK DFM:NIND
37 GF Score
Price د.إ3.37
GF Value د.إ2.35
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is National Industries Group HoldingK Debt-to-Equity?

National Industries Group HoldingK DFM:NIND 37 Debt-to-Equity is 1.36 as of Mar. 2026, which is 19% below its 10-year median of 1.67. GuruFocus rates DFM:NIND with a GF Score™ of 37/100 and a GF Value™ of د.إ2.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 516 Conglomerates companies, National Industries Group HoldingK ranks worse than 80.23% on this metric.

National Industries Group HoldingK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was د.إ4,291 Mil. National Industries Group HoldingK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was د.إ5,128 Mil. National Industries Group HoldingK's Total Stockholders Equity for the quarter that ended in Mar. 2026 was د.إ6,942 Mil. National Industries Group HoldingK's debt to equity for the quarter that ended in Mar. 2026 was 1.36.

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 National Industries Group HoldingK's Debt-to-Equity or its related term are showing as below:

DFM:NIND' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.29   Med: 1.67   Max: 2.14
Current: 1.36

During the past 13 years, the highest Debt-to-Equity Ratio of National Industries Group HoldingK was 2.14. The lowest was 1.29. And the median was 1.67.

DFM:NIND's Debt-to-Equity is ranked worse than
80.23% of 516 companies
in the Conglomerates industry
Industry Median: 0.55 vs DFM:NIND: 1.36

National Industries Group HoldingK  (DFM:NIND) 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.


National Industries Group HoldingK Debt-to-Equity Related Terms


National Industries Group HoldingK Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for National Industries Group HoldingK'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.

National Industries Group HoldingK Debt-to-Equity Chart

National Industries Group HoldingK 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 1.56 1.35 1.44 1.36 1.32

National Industries Group HoldingK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.35 1.39 1.35 1.32 1.36

DFM:NIND vs HON, MMM: Debt-to-Equity Comparison

For the Conglomerates subindustry, National Industries Group HoldingK'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.


National Industries Group HoldingK Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, National Industries Group HoldingK's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where National Industries Group HoldingK's Debt-to-Equity falls into.


DFM:NIND
37GF Score
National Industries Group Holding SAK DFM:NIND
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industries Group HoldingK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National Industries Group HoldingK's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

National Industries Group HoldingK's Debt to Equity Ratio for the quarter that ended in Mar. 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 1.36 mean?
National Industries Group HoldingK (DFM:NIND) has a Debt-to-Equity of 1.36 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on National Industries Group HoldingK and its competitors. This is 19% below median its historical median of 1.67. Over the past decade, National Industries Group HoldingK's Debt-to-Equity has ranged from 1.29 to 2.14. According to the industry distribution chart, National Industries Group HoldingK ranks #414 out of 516 companies in the Conglomerates industry, placing it in the top 80.2%.
Is National Industries Group HoldingK's Debt-to-Equity too high?
National Industries Group HoldingK's current Debt-to-Equity of 1.36 is 19% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 2.14. The Conglomerates industry median Debt-to-Equity is 0.55. National Industries Group HoldingK's value of 1.36 is 147.3% above this industry median. Based on the distribution chart, National Industries Group HoldingK ranks #414 out of 516 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, National Industries Group HoldingK has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Group HoldingK's Debt-to-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, National Industries Group HoldingK ranks #414 out of 516 companies for Debt-to-Equity. This places National Industries Group HoldingK in the lower half of its industry. The industry median Debt-to-Equity is 0.55. National Industries Group HoldingK's value of 1.36 is 147.3% above this benchmark. Historically, National Industries Group HoldingK's own Debt-to-Equity has ranged from 1.29 to 2.14 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 0.55, National Industries Group HoldingK 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.55, based on 516 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. National Industries Group HoldingK's current Debt-to-Equity of 1.36 is 147.3% 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 National Industries Group HoldingK and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Industries Group HoldingK's current Debt-to-Equity is 1.36, which is 19% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Group HoldingK stock overvalued right now?
Based on GuruFocus' analysis, National Industries Group HoldingK (DFM:NIND) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.35, compared to a current price of د.إ3.37 — trading 43.4% above its estimated fair value. The current Debt-to-Equity is 1.36, which is 19% below median its 10-year median of 1.67 and 147.3% above the Conglomerates industry median of 0.55. National Industries Group HoldingK's overall GF Score™ is 37/100 with 7 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 National Industries Group HoldingK (DFM:NIND), the current Debt-to-Equity is 1.36 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.

Is National Industries Group HoldingK (DFM:NIND) Overvalued in 2026?

Based on GuruFocus' analysis, National Industries Group HoldingK stock appears to be overvalued. The current stock price of د.إ3.37 is trading 43.4% above its estimated GF Value™ of د.إ2.35. GuruFocus considers National Industries Group HoldingK to be Significantly Overvalued.

Key valuation signals for DFM:NIND:

  • Debt-to-Equity: 1.36 (19% below median its 10-year median of 1.67)
  • GF Value™: د.إ2.35 vs. price of د.إ3.37 (43.4% above fair value)
  • GF Score™: 37/100 with 7 warning signs
  • Industry Position: 147.3% above the Conglomerates median (#414 of 516)

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


National Industries Group HoldingK Business Description

Other Exchanges NIND:Kuwait
Address Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005
National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and movable property. The company has four segments Investments, Building Materials and Contracting services, Specialist Engineering and Hotel and IT operations. Geographically, it generates the majority of revenue from the Kuwait region.
37GF Score

Get the complete analysis for DFM:NIND

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

د.إ3.37
Price
د.إ2.35
GF Value