NASCON Allied Industries (NSA:NSLT) Debt-to-Equity : 0.00 (As of . 20)

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What is NASCON Allied Industries Debt-to-Equity?

NASCON Allied Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. NASCON Allied Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. NASCON Allied Industries's Total Stockholders Equity for the quarter that ended in . 20 was ₦0.00 Mil.

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

NSA:NSLT's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

NASCON Allied Industries Debt-to-Equity Historical Data

The historical data trend for NASCON Allied 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.

NASCON Allied Industries Debt-to-Equity Chart

NASCON Allied Industries Annual Data

Trend

Debt-to-Equity

NASCON Allied Industries Quarterly Data

Debt-to-Equity

Competitive Comparison of NASCON Allied Industries's Debt-to-Equity

For the Packaged Foods subindustry, NASCON Allied 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.

NASCON Allied Industries's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NASCON Allied Industries's Debt-to-Equity distribution charts can be found below:

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

NASCON Allied Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NASCON Allied Industries's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

NASCON Allied Industries's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

NASCON Allied Industries (NSA:NSLT) 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.

NASCON Allied Industries Debt-to-Equity Related Terms

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NASCON Allied Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NASCON Allied Industries PLC (NSA:NSLT) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1, Alfred Rewane Road Falomo, Ikoyi, Lagos, NGA

Website

http://www.nasconplc.com

NASCON Allied Industries PLC is engaged in the processing of raw salt into edible salt as well as the importation of petti tomato paste. It produces edible salt for industrial use and sachet salt. The company's brand series include Dan-Q Seasoning, Dangote Tomato Paste, and Dangote Salt.

NASCON Allied Industries Headlines

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