NSGP (NewStream Energy Technologies Group) Debt-to-Equity: -0.20 (As of Sep. 2023)

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What is NewStream Energy Technologies Group Debt-to-Equity?

NewStream Energy Technologies Group NSGP Debt-to-Equity is -0.20 as of Sep. 2023.

NewStream Energy Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.91 Mil. NewStream Energy Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. NewStream Energy Technologies Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-9.60 Mil. NewStream Energy Technologies Group's debt to equity for the quarter that ended in Sep. 2023 was -0.20.

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 NewStream Energy Technologies Group's Debt-to-Equity or its related term are showing as below:

NSGP's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

NewStream Energy Technologies Group  (OTCPK:NSGP) 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.

NewStream Energy Technologies Group Debt-to-Equity Related Terms

NewStream Energy Technologies Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NewStream Energy Technologies Group'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.

NewStream Energy Technologies Group Debt-to-Equity Chart

NewStream Energy Technologies Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 -0.54 -0.51 -0.45 -0.43

NewStream Energy Technologies Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.43 -0.43 -0.16 -0.15 -0.20

NSGP vs BONL, JKSM, BRBL: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, NewStream Energy Technologies Group'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.

NewStream Energy Technologies Group Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NewStream Energy Technologies Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NewStream Energy Technologies Group's Debt-to-Equity falls into.


NewStream Energy Technologies Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NewStream Energy Technologies Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(13.455 + 0.019) / -31.467
=-0.43

NewStream Energy Technologies Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(1.909 + 0) / -9.6
=-0.20

* 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 -0.20 mean?
NewStream Energy Technologies Group (NSGP) has a Debt-to-Equity of -0.20 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NewStream Energy Technologies Group and its competitors.
Is NewStream Energy Technologies Group's Debt-to-Equity too high?
NewStream Energy Technologies Group's current Debt-to-Equity is -0.20.
How does NewStream Energy Technologies Group's Debt-to-Equity compare to BONL and JKSM?
NewStream Energy Technologies Group's Debt-to-Equity of -0.20 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.28. 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,682 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 NewStream Energy Technologies Group and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewStream Energy Technologies Group's current Debt-to-Equity is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewStream Energy Technologies Group stock overvalued right now?
NewStream Energy Technologies Group (NSGP) has a current Debt-to-Equity of -0.20. The current Debt-to-Equity is -0.20. 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 NewStream Energy Technologies Group (NSGP), the current Debt-to-Equity is -0.20 as of Sep. 2023. 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.

NewStream Energy Technologies Group Business Description

Address 295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
NewStream Energy Technologies Group Inc is a platform technology company that owns and has licenses for transformative, energy generation technologies for carbon capture, sequestration, and decarbonization to provide cleaner, lower-cost power and other valuable byproducts.