NCL (Northann) Debt-to-Equity : 5.26 (As of Sep. 2024)

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What is Northann Debt-to-Equity?

Northann's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.63 Mil. Northann's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.68 Mil. Northann's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1.39 Mil. Northann's debt to equity for the quarter that ended in Sep. 2024 was 5.26.

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 Northann's Debt-to-Equity or its related term are showing as below:

NCL' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.87 Med: 3.78 Max: 10.12
Current: 5.26

During the past 4 years, the highest Debt-to-Equity Ratio of Northann was 10.12. The lowest was -15.87. And the median was 3.78.

NCL's Debt-to-Equity is ranked worse than
98.68% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.36 vs NCL: 5.26

Northann Debt-to-Equity Historical Data

The historical data trend for Northann'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.

Northann Debt-to-Equity Chart

Northann Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-4.49

-15.87

3.78

10.12

Northann Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial									-3.85	10.12	6.60	4.81	5.26

Competitive Comparison of Northann's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Northann'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.

Northann's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Northann's Debt-to-Equity distribution charts can be found below:

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

Northann Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northann'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
	=	(5.721	+	0.181)	/	0.583
	=	10.12

Northann's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(5.631	+	1.68)	/	1.389
	=	5.26

Northann (AMEX:NCL) 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.

Northann Debt-to-Equity Related Terms

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

Northann Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Northann Corp (AMEX:NCL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Northann Distribution Center Inc, 9820 Dino Drive, Suite 110, Elk Grove, CA, USA, 95624

Website

https://www.northann.com

Northann Corp specialized in 3D-printed flooring solutions under its flagship brand, "Benchwick." The company's operations span the full spectrum of additive manufacturing, from sourcing recycled ocean plastics to the final production of intricate flooring designs. Northann offers an extensive range of proprietary solutions, including Infinite Glass, DSE, TruBevel, and MattMaster, primarily through its sales network in North America and Europe.

Executives

Scott Brady Powell	director	700 1ST STREET, #17J, HOBOKEN NJ 07030
Schaefer Charles James Iv	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Kurt W. Winn	director, officer: Chief Operating Officer	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Bradley Charles Lalonde	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624

Northann Headlines

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