NEXNY (Nexans) Debt-to-Equity : 1.07 (As of Dec. 2024)

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What is Nexans Debt-to-Equity?

Nexans's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $239 Mil. Nexans's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,786 Mil. Nexans's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $1,898 Mil. Nexans's debt to equity for the quarter that ended in Dec. 2024 was 1.07.

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

NEXNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 0.9 Max: 1.09
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Nexans was 1.09. The lowest was 0.72. And the median was 0.90.

NEXNY's Debt-to-Equity is ranked worse than
88.59% of 2612 companies
in the Industrial Products industry
Industry Median: 0.28 vs NEXNY: 1.07

Nexans Debt-to-Equity Historical Data

The historical data trend for Nexans'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.

Nexans Debt-to-Equity Chart

Nexans Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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1.09

0.72

0.80

0.79

1.07

Nexans Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.90	0.79	1.07	1.07

Competitive Comparison of Nexans's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Nexans'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.

Nexans's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nexans's Debt-to-Equity distribution charts can be found below:

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

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Nexans Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nexans's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(238.743	+	1786.387)	/	1898.429
	=	1.07

Nexans's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(238.743	+	1786.387)	/	1898.429
	=	1.07

Nexans (OTCPK:NEXNY) 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.

Nexans Debt-to-Equity Related Terms

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

Nexans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexans (OTCPK:NEXNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NXPRF:USA NEXp:UK 0IGF:UK NEX:France NXS:Germany NEX:Austria

Address

Nexans 4, allee de l\'Arche, Courbevoie, FRA, 92400

Website

https://www.nexans.com

Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The Building and Territories segment provides reliable cabling systems and smart energy solutions enabling buildings and territories to be more efficient, sustainable, and people friendly. The generation and Transmission segment partners with its customers from the start of the cycle right through to the end (systems management) to help them find the cabling solution that is the best suited to their needs in terms of efficiency and reliability. Industry and Solutions: this segment provides support to OEMs and industrial infrastructure project managers in personalizing their cabling. Geographically France, Germany, and Norway are the three markets for the company.