Nordic Paper Holding AB (FRA:NPH) Debt-to-Equity: 1.93 (As of Jun. 2025)

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.

FRA:NPH Nordic Paper Holding AB FRA:NPH
17 GF Score
Price €4.23
View Full Analysis

What is Nordic Paper Holding AB Debt-to-Equity?

Nordic Paper Holding AB FRA:NPH 17 Debt-to-Equity is 1.93 as of Jun. 2025. GuruFocus rates FRA:NPH with a GF Score™ of 17/100.

Nordic Paper Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was €1.2 Mil. Nordic Paper Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was €272.3 Mil. Nordic Paper Holding AB's Total Stockholders Equity for the quarter that ended in Jun. 2025 was €141.4 Mil. Nordic Paper Holding AB's debt to equity for the quarter that ended in Jun. 2025 was 1.93.

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 Nordic Paper Holding AB's Debt-to-Equity or its related term are showing as below:

FRA:NPH's Debt-to-Equity is not ranked *
in the Forest Products industry.
Industry Median: 0.485
* Ranked among companies with meaningful Debt-to-Equity only.

Nordic Paper Holding AB  (FRA:NPH) 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.


Nordic Paper Holding AB Debt-to-Equity Related Terms


Nordic Paper Holding AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nordic Paper Holding AB'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.

Nordic Paper Holding AB Debt-to-Equity Chart

Nordic Paper Holding AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 1.91 2.82 1.22 1.03 1.17

Nordic Paper Holding AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1.05 1.04 1.17 1.01 1.93

FRA:NPH vs SLVM: Debt-to-Equity Comparison

For the Paper & Paper Products subindustry, Nordic Paper Holding AB'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.


Nordic Paper Holding AB Debt-to-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nordic Paper Holding AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nordic Paper Holding AB's Debt-to-Equity falls into.


FRA:NPH
17GF Score
Nordic Paper Holding AB FRA:NPH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Paper Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordic Paper Holding AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Nordic Paper Holding AB's Debt to Equity Ratio for the quarter that ended in Jun. 2025 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 1.93 mean?
Nordic Paper Holding AB (FRA:NPH) has a Debt-to-Equity of 1.93 as of Jun. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nordic Paper Holding AB and its competitors.
Is Nordic Paper Holding AB's Debt-to-Equity too high?
Nordic Paper Holding AB's current Debt-to-Equity is 1.93. The Forest Products industry median Debt-to-Equity is 0.49. Nordic Paper Holding AB's value of 1.93 is 297.9% above this industry median. Overall, Nordic Paper Holding AB has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Paper Holding AB's Debt-to-Equity compare to SLVM?
Nordic Paper Holding AB's Debt-to-Equity of 1.93 can be compared against companies in the Forest Products industry. The industry median Debt-to-Equity is 0.49. Nordic Paper Holding AB's value of 1.93 is 297.9% above this benchmark. 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 Forest Products company?
The median Debt-to-Equity among Forest Products companies is 0.49, based on 256 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. Nordic Paper Holding AB's current Debt-to-Equity of 1.93 is 297.9% 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 Nordic Paper Holding AB and its competitors. For the Forest Products industry, the median Debt-to-Equity is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Paper Holding AB's current Debt-to-Equity is 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Paper Holding AB stock overvalued right now?
Nordic Paper Holding AB (FRA:NPH) has a current Debt-to-Equity of 1.93. The current Debt-to-Equity is 1.93 and 297.9% above the Forest Products industry median of 0.49. Nordic Paper Holding AB's overall GF Score™ is 17/100. 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 Nordic Paper Holding AB (FRA:NPH), the current Debt-to-Equity is 1.93 as of Jun. 2025. 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.

Nordic Paper Holding AB Business Description

Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments. Geographically, it operates in Sweden, Italy, Germany, UK, Rest of Europe, USA, and Rest of the world.
17GF Score

Get the complete analysis for FRA:NPH

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

€4.23
Price