GF (NEW GERMANY FUND) Debt-to-Equity: 0.00 (As of Dec. 2025)

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GF NEW GERMANY FUND INC GF
35 GF Score
Price $11.47
! 2 Warning Signs
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What is NEW GERMANY FUND Debt-to-Equity?

NEW GERMANY FUND GF -1.04% 35 Debt-to-Equity is 0.00 as of Dec. 2025. GuruFocus rates GF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 961 Asset Management companies, NEW GERMANY FUND ranks worse than 104058.17% on this metric.

NEW GERMANY FUND's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. NEW GERMANY FUND's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. NEW GERMANY FUND's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $205.52 Mil. NEW GERMANY FUND's debt to equity for the quarter that ended in Dec. 2025 was 0.00.

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 NEW GERMANY FUND's Debt-to-Equity or its related term are showing as below:

GF's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

NEW GERMANY FUND  (NYSE:GF) 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.

NEW GERMANY FUND Debt-to-Equity Related Terms

NEW GERMANY FUND Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NEW GERMANY FUND'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.

NEW GERMANY FUND Debt-to-Equity Chart

NEW GERMANY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

NEW GERMANY FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

GF vs BANX, WHG, WIA: Debt-to-Equity Comparison

For the Asset Management subindustry, NEW GERMANY FUND'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.

NEW GERMANY FUND Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NEW GERMANY FUND's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NEW GERMANY FUND's Debt-to-Equity falls into.


GF
35GF Score
NEW GERMANY FUND INC GF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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NEW GERMANY FUND Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NEW GERMANY FUND's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 205.518
=0.00

NEW GERMANY FUND's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 205.518
=0.00

* 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 0.00 mean?
NEW GERMANY FUND (GF) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NEW GERMANY FUND and its competitors. According to the industry distribution chart, NEW GERMANY FUND ranks #999999 out of 961 companies in the Asset Management industry.
Is NEW GERMANY FUND's Debt-to-Equity too high?
NEW GERMANY FUND's current Debt-to-Equity is 0.00. Based on the distribution chart, NEW GERMANY FUND ranks #999999 out of 961 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NEW GERMANY FUND has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NEW GERMANY FUND's Debt-to-Equity compare to BANX and WHG?
According to the Asset Management industry distribution chart, NEW GERMANY FUND ranks #999999 out of 961 companies for Debt-to-Equity. This places NEW GERMANY FUND in the lower half of its industry. The industry median Debt-to-Equity is 0.21. 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 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. 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 NEW GERMANY FUND and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEW GERMANY FUND's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEW GERMANY FUND stock overvalued right now?
NEW GERMANY FUND (GF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. NEW GERMANY FUND's overall GF Score™ is 35/100 with 2 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 NEW GERMANY FUND (GF), the current Debt-to-Equity is 0.00 as of Dec. 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.

NEW GERMANY FUND Business Description

Address 875 Third Avenue, New York, NY, USA, 10022-6225
NEW GERMANY FUND INC is a non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle-market German equities. The fund's portfolio of investments includes investments in different sectors such as the industrials, information technology, materials, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, Healthcare, Energy, and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Luxembourg.
35GF Score

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