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Nature Wood Group (Nature Wood Group) Debt-to-Equity : 1.43 (As of Dec. 2023)


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What is Nature Wood Group Debt-to-Equity?

Nature Wood Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.01 Mil. Nature Wood Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.97 Mil. Nature Wood Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $18.18 Mil. Nature Wood Group's debt to equity for the quarter that ended in Dec. 2023 was 1.43.

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 Nature Wood Group's Debt-to-Equity or its related term are showing as below:

NWGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.43   Med: 3.54   Max: 5.39
Current: 1.43

During the past 4 years, the highest Debt-to-Equity Ratio of Nature Wood Group was 5.39. The lowest was 1.43. And the median was 3.54.

NWGL's Debt-to-Equity is ranked worse than
87.12% of 264 companies
in the Forest Products industry
Industry Median: 0.475 vs NWGL: 1.43

Nature Wood Group Debt-to-Equity Historical Data

The historical data trend for Nature Wood 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.

* Premium members only.

Nature Wood Group Debt-to-Equity Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
3.69 5.39 3.39 1.43

Nature Wood Group Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial N/A 3.91 3.39 1.76 1.43

Competitive Comparison of Nature Wood Group's Debt-to-Equity

For the Lumber & Wood Production subindustry, Nature Wood 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.

Nature Wood Group's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nature Wood Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nature Wood Group's Debt-to-Equity falls into.


Nature Wood Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nature Wood Group'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
=(13.014 + 12.968) / 18.182
=1.43

Nature Wood Group's Debt to Equity Ratio for the quarter 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
=(13.014 + 12.968) / 18.182
=1.43

* 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.

Nature Wood Group  (NAS:NWGL) 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.

Nature Wood Group Debt-to-Equity Related Terms

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

Nature Wood Group (Nature Wood Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nature Wood Group Ltd (NAS:NWGL) » Definitions » Debt-to-Equity
Comparable Companies
EVA SGTM JCTCF OSTO:SCA A UFPI SSD TSX:WFG TSX:SJ BOM:532548 XLIS:COR TSX:CFP BSP:DXCO3 SZSE:002043 SHSE:600189 XKRX:025900 SZSE:000592 TSX:IFP SZSE:000910 BOM:542857 SHSE:600076
Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Website
http://www.nature-wood.com
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations, with facilities located in Peru. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions - Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers.