Nordnet AB (publ) (LTS:0A6V) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Nordnet AB (publ) Debt-to-Equity?

Nordnet AB (publ)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Nordnet AB (publ)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil. Nordnet AB (publ)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr7,923 Mil. Nordnet AB (publ)'s debt to equity for the quarter that ended in Mar. 2024 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 Nordnet AB (publ)'s Debt-to-Equity or its related term are showing as below:

LTS:0A6V' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.11
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Nordnet AB (publ) was 0.11. The lowest was 0.02. And the median was 0.05.

LTS:0A6V's Debt-to-Equity is ranked better than
91.78% of 608 companies
in the Capital Markets industry
Industry Median: 0.355 vs LTS:0A6V: 0.02

Nordnet AB (publ) Debt-to-Equity Historical Data

The historical data trend for Nordnet AB (publ)'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.

* Premium members only.

Nordnet AB (publ) Debt-to-Equity Chart

Nordnet AB (publ) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.05

0.03

0.02

Nordnet AB (publ) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.02	-

Competitive Comparison of Nordnet AB (publ)'s Debt-to-Equity

For the Capital Markets subindustry, Nordnet 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.

Nordnet AB (publ)'s Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s Debt-to-Equity falls into.

Nordnet AB (publ) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordnet AB (publ)'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	170.8)	/	7702.4
	=	0.02

Nordnet AB (publ)'s Debt to Equity Ratio for the quarter that ended in Mar. 2024 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)	/	7923.4
	=	0.00

Nordnet AB (publ) (LTS:0A6V) 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.

Nordnet AB (publ) Debt-to-Equity Related Terms

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Nordnet AB (publ) (LTS:0A6V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nordnet AB (publ) (LTS:0A6V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SAVE:Sweden SAVEs:UK 9JL:Germany

Address

Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25

Website

https://www.nordnetab.com

Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) (LTS:0A6V) Headlines

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