Nation Media Group (NAI:NMG) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Nation Media Group Debt-to-Equity?

Nation Media Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES85 Mil. Nation Media Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES307 Mil. Nation Media Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KES7,761 Mil. Nation Media Group's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 Nation Media Group's Debt-to-Equity or its related term are showing as below:

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

During the past 13 years, the highest Debt-to-Equity Ratio of Nation Media Group was 0.11. The lowest was 0.00. And the median was 0.05.

NAI:NMG's Debt-to-Equity is ranked better than
81.8% of 835 companies
in the Media - Diversified industry
Industry Median: 0.28 vs NAI:NMG: 0.05

Nation Media Group Debt-to-Equity Historical Data

The historical data trend for Nation Media Group'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.

Nation Media Group Debt-to-Equity Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.07

0.06

0.05

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.11	0.07	0.06	0.05	0.05

Competitive Comparison of Nation Media Group's Debt-to-Equity

For the Entertainment subindustry, Nation Media Group'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.

Nation Media Group's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nation Media Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nation Media Group's Debt-to-Equity falls into.

Nation Media Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nation Media Group'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
	=	(84.9	+	306.9)	/	7761
	=	0.05

Nation Media Group's Debt to Equity Ratio for the quarter 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
	=	(84.9	+	306.9)	/	7761
	=	0.05

Nation Media Group (NAI:NMG) 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.

Nation Media Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Nation Media Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Nation Media Group (NAI:NMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nation Media Group PLC (NAI:NMG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.