NOKPF (Nok Airlines PCL) Debt-to-Equity: -1.22 (As of Sep. 2024)

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NOKPF Nok Airlines PCL NOKPF
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What is Nok Airlines PCL Debt-to-Equity?

Nok Airlines PCL NOKPF 12 Debt-to-Equity is -1.22 as of Sep. 2024. GuruFocus rates NOKPF with a GF Score™ of 12/100.

Nok Airlines PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $70.5 Mil. Nok Airlines PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $281.4 Mil. Nok Airlines PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-287.7 Mil. Nok Airlines PCL's debt to equity for the quarter that ended in Sep. 2024 was -1.22.

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 Nok Airlines PCL's Debt-to-Equity or its related term are showing as below:

NOKPF's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.53
* Ranked among companies with meaningful Debt-to-Equity only.

Nok Airlines PCL  (OTCPK:NOKPF) 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.

Nok Airlines PCL Debt-to-Equity Related Terms

Nok Airlines PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nok Airlines PCL'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.

Nok Airlines PCL Debt-to-Equity Chart

Nok Airlines PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.31 -2.06 -1.40 -1.10 -1.03

Nok Airlines PCL Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.05 N/A -1.03 -1.24 -1.22

NOKPF vs MESA, HRBR, FLYYQ: Debt-to-Equity Comparison

For the Airlines subindustry, Nok Airlines PCL'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.

Nok Airlines PCL Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Nok Airlines PCL's Debt-to-Equity distribution charts can be found below:

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


NOKPF
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Nok Airlines PCL NOKPF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Nok Airlines PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nok Airlines PCL'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
=(28.66 + 294.972) / -313.801
=-1.03

Nok Airlines PCL'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
=(70.491 + 281.408) / -287.668
=-1.22

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.22 mean?
Nok Airlines PCL (NOKPF) has a Debt-to-Equity of -1.22 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nok Airlines PCL and its competitors.
Is Nok Airlines PCL's Debt-to-Equity too high?
Nok Airlines PCL's current Debt-to-Equity is -1.22. Overall, Nok Airlines PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nok Airlines PCL's Debt-to-Equity compare to MESA and HRBR?
Nok Airlines PCL's Debt-to-Equity of -1.22 can be compared against companies in the Transportation industry. The industry median Debt-to-Equity is 0.53. 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 915 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 Nok Airlines PCL and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nok Airlines PCL's current Debt-to-Equity is -1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nok Airlines PCL stock overvalued right now?
Nok Airlines PCL (NOKPF) has a current Debt-to-Equity of -1.22. The current Debt-to-Equity is -1.22. Nok Airlines PCL's overall GF Score™ is 12/100. 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 Nok Airlines PCL (NOKPF), the current Debt-to-Equity is -1.22 as of Sep. 2024. 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.

Nok Airlines PCL Business Description

Address Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210
Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers and has operating hubs in Thailand.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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