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NL Industries (NL Industries) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is NL Industries Debt-to-Equity?

NL Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. NL Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.5 Mil. NL Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $369.8 Mil. NL Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

NL's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

NL Industries Debt-to-Equity Historical Data

The historical data trend for NL Industries'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.

NL Industries Debt-to-Equity Chart

NL Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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NL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of NL Industries's Debt-to-Equity

For the Security & Protection Services subindustry, NL Industries'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.


NL Industries's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NL Industries's Debt-to-Equity distribution charts can be found below:

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



NL Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NL Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

NL Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


NL Industries  (NYSE:NL) 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.


NL Industries Debt-to-Equity Related Terms

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


NL Industries (NL Industries) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
NL Industries Inc operates in the component products industry through its majority-owned subsidiary, CompX International Inc. It manufactures engineered components that are sold to a range of industries, including recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment. CompX has three production facilities in the United States, through which it produces a precision ball bearing slide, security products, and ergonomic computer support systems. The company derives most of its revenue from Europe.
Executives
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Erica A. Austin officer: VP, Employee Benefits 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Kristin B Mccoy officer: EVP, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford officer: Executive VP and CFO 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Gouveia Randall Colin director 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Michael Shawn Simmons officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy E. Ruf officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Patty S. Brinda officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Patricia A. Kropp officer: VP Employee Benefits 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Thomas P Stafford director C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Powers John Read Iii officer: VP and General Counsel 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240