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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.
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.
Neuberger Berman Energy Infrastructure &ome Fund Debt-to-Equity Related Terms
Neuberger Berman Energy Infrastructure &ome Fund Debt-to-Equity Historical Data
* 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.
Neuberger Berman Energy Infrastructure &ome Fund Debt-to-Equity Chart
Neuberger Berman Energy Infrastructure &ome Fund Annual Data
* 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.
Neuberger Berman Energy Infrastructure &ome Fund Debt-to-Equity vs Asset Management Industry
* 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.
Neuberger Berman Energy Infrastructure &ome Fund (NML) has a Debt-to-Equity of 0.24 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Neuberger Berman Energy Infrastructure &ome Fund and its competitors. This is near median its historical median of 0.23. Over the past decade, Neuberger Berman Energy Infrastructure &ome Fund's Debt-to-Equity has ranged from 0.15 to 0.35. According to the industry distribution chart, Neuberger Berman Energy Infrastructure &ome Fund ranks #504 out of 962 companies in the Asset Management industry, placing it in the top 52.4%.
Is Neuberger Berman Energy Infrastructure &ome Fund's Debt-to-Equity too high?
Neuberger Berman Energy Infrastructure &ome Fund's current Debt-to-Equity of 0.24 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.35. The Asset Management industry median Debt-to-Equity is 0.21. Neuberger Berman Energy Infrastructure &ome Fund's value of 0.24 is 14.3% above this industry median. Based on the distribution chart, Neuberger Berman Energy Infrastructure &ome Fund ranks #504 out of 962 companies in the Asset Management industry, which is below the industry midpoint. Overall, Neuberger Berman Energy Infrastructure &ome Fund has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Energy Infrastructure &ome Fund's Debt-to-Equity compare to VKQ and CHW?
According to the Asset Management industry distribution chart, Neuberger Berman Energy Infrastructure &ome Fund ranks #504 out of 962 companies for Debt-to-Equity. This places Neuberger Berman Energy Infrastructure &ome Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Neuberger Berman Energy Infrastructure &ome Fund's value of 0.24 is 14.3% above this benchmark. Historically, Neuberger Berman Energy Infrastructure &ome Fund's own Debt-to-Equity has ranged from 0.15 to 0.35 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.21, Neuberger Berman Energy Infrastructure &ome Fund has consistently been above the industry average. 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 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. Neuberger Berman Energy Infrastructure &ome Fund's current Debt-to-Equity of 0.24 is 14.3% above the industry median. 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 Neuberger Berman Energy Infrastructure &ome Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Energy Infrastructure &ome Fund's current Debt-to-Equity is 0.24, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Energy Infrastructure &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Energy Infrastructure &ome Fund (NML) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $10.72 — trading 2044% above its estimated fair value. The current Debt-to-Equity is 0.24, which is near median its 10-year median of 0.23 and 14.3% above the Asset Management industry median of 0.21. Neuberger Berman Energy Infrastructure &ome Fund's overall GF Score™ is 31/100 with 10 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 Neuberger Berman Energy Infrastructure &ome Fund (NML), the current Debt-to-Equity is 0.24 as of Nov. 2025. 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 Neuberger Berman Energy Infrastructure &ome Fund (NML) Overvalued in 2026?
Based on GuruFocus' analysis, Neuberger Berman Energy Infrastructure &ome Fund stock appears to be overvalued.
The current stock price of $10.72 is trading 2044% above its estimated GF Value™ of $0.50.
GuruFocus considers Neuberger Berman Energy Infrastructure &ome Fund to be Significantly Overvalued.
Key valuation signals for NML:
Debt-to-Equity: 0.24 (near median its 10-year median of 0.23)
GF Value™: $0.50 vs. price of $10.72 (2044% above fair value)
Industry Position: 14.3% above the Asset Management median (#504 of 962)
No single metric tells the full story. See the NML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neuberger Berman Energy Infrastructure &ome Fund Business Description
Neuberger Berman Energy Infrastructure & Income Fund Inc is a closed-end investment management company based in the United States. Invest in Capital Markets, Chemicals, Oil, Gas & Consumable Fuels, Electric Utilities, Independent Power and Renewable Electricity Producers, Multi Utilities. Maximum is done in Oil, Gas & Consumable Fuels.
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