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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 Nowonomics AB's Debt-to-Equity or its related term are showing as below:
NGM:NOWO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.79 Max: 40.74
Current: 0.32
During the past 7 years, the highest Debt-to-Equity Ratio of Nowonomics AB was 40.74. The lowest was 0.07. And the median was 0.79.
NGM:NOWO's Debt-to-Equity is ranked worse than 60.81% of 2243
companies
in the Software industry
Industry Median: 0.2
vs NGM:NOWO: 0.32
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.
Nowonomics AB Debt-to-Equity Related Terms
Nowonomics AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nowonomics AB'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.
NGM:NOWO vs QH, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Nowonomics AB'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.
Nowonomics AB Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Nowonomics AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nowonomics AB's Debt-to-Equity falls into.
* 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.
Nowonomics AB (NGM:NOWO) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nowonomics AB and its competitors. Over the past decade, Nowonomics AB's Debt-to-Equity has ranged from 0.07 to 40.74. According to the industry distribution chart, Nowonomics AB ranks #1364 out of 2243 companies in the Software industry, placing it in the top 60.8%.
Is Nowonomics AB's Debt-to-Equity too high?
Nowonomics AB's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 40.74. Based on the distribution chart, Nowonomics AB ranks #1364 out of 2243 companies in the Software industry, which is below the industry midpoint. Overall, Nowonomics AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nowonomics AB's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Nowonomics AB ranks #1364 out of 2243 companies for Debt-to-Equity. This places Nowonomics AB in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Historically, Nowonomics AB's own Debt-to-Equity has ranged from 0.07 to 40.74 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,243 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nowonomics AB and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nowonomics AB's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nowonomics AB stock overvalued right now?
Based on GuruFocus' analysis, Nowonomics AB (NGM:NOWO) is currently considered Possible Value Trap. The stock's GF Value™ is kr8.10, compared to a current price of kr5.60 — trading 30.9% below its estimated fair value. The current Debt-to-Equity is 0.00. Nowonomics AB's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nowonomics AB (NGM:NOWO), the current Debt-to-Equity is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nowonomics AB (NGM:NOWO) Overvalued in 2026?
Based on GuruFocus' analysis, Nowonomics AB stock appears to be undervalued.
The current stock price of kr5.60 is trading 30.9% below its estimated GF Value™ of kr8.10.
GuruFocus considers Nowonomics AB to be Possible Value Trap.
Key valuation signals for NGM:NOWO:
Debt-to-Equity: 0.00
GF Value™: kr8.10 vs. price of kr5.60 (30.9% below fair value)
No single metric tells the full story. See the NGM:NOWO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nowonomics AB is a savings platform whose purpose is to help the user to manage the personal finances. It aims to promote savings before retirement and therefore develops its own tools and solutions together with partners to simplify, educate and help members to have a accessible financial solutions.
62GF Score
Get the complete analysis for NGM:NOWO
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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