National Aluminum Products CoOG (MUS:NAPI) Debt-to-Equity : 31.75 (As of Mar. 2023)

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What is National Aluminum Products CoOG Debt-to-Equity?

National Aluminum Products CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ر.ع16.11 Mil. National Aluminum Products CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ر.ع1.07 Mil. National Aluminum Products CoOG's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ر.ع0.54 Mil. National Aluminum Products CoOG's debt to equity for the quarter that ended in Mar. 2023 was 31.75.

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 Aluminum Products CoOG's Debt-to-Equity or its related term are showing as below:

MUS:NAPI' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.27 Med: 2.26 Max: 3.43
Current: -6.27

During the past 13 years, the highest Debt-to-Equity Ratio of National Aluminum Products CoOG was 3.43. The lowest was -6.27. And the median was 2.26.

MUS:NAPI's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs MUS:NAPI: -6.27

National Aluminum Products CoOG Debt-to-Equity Historical Data

The historical data trend for National Aluminum Products CoOG'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.

National Aluminum Products CoOG Debt-to-Equity Chart

National Aluminum Products CoOG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

Debt-to-Equity

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2.77

3.43

2.70

N/A

-6.27

National Aluminum Products CoOG Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar22	Jun22	Dec22	Mar23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	5.05	N/A	31.75	-6.27

Competitive Comparison of National Aluminum Products CoOG's Debt-to-Equity

For the Aluminum subindustry, National Aluminum Products CoOG'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 Aluminum Products CoOG's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, National Aluminum Products CoOG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where National Aluminum Products CoOG's Debt-to-Equity falls into.

National Aluminum Products CoOG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National Aluminum Products CoOG'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
	=	(13.515	+	3.711)	/	-2.748
	=	-6.27

National Aluminum Products CoOG's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(16.107	+	1.068)	/	0.541
	=	31.75

National Aluminum Products CoOG (MUS:NAPI) 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 Aluminum Products CoOG Debt-to-Equity Related Terms

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National Aluminum Products CoOG (MUS:NAPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » National Aluminum Products Co SAOG (MUS:NAPI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Road No. 7 , Next to Raha Polyproducts, 7 Rusayl Industrial Estate, P.O. Box 15, Rusayl, OMN, 124

Website

https://www.napcooman.com

National Aluminum Products Co SAOG is engaged in the manufacturing and sale of aluminum and its related products. The company offers a range of aluminum profile extrusions in finishes that help in functional modern design specifications. Its various processes include extrusion process, anodizing, powder coating, wood finish, thermal crimping and packaging and delivery. The extrusion presses are complemented by one anodizing line and two powder coating lines. In addition, the company also houses two wood finish lines and a crimping and bending facility.

National Aluminum Products CoOG (MUS:NAPI) Headlines

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