Norske Skog ASA (OSL:NSKOG) Debt-to-Equity : 0.82 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Norske Skog ASA Debt-to-Equity?

Norske Skog ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr517 Mil. Norske Skog ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4,536 Mil. Norske Skog ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr6,160 Mil. Norske Skog ASA's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

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 Norske Skog ASA's Debt-to-Equity or its related term are showing as below:

OSL:NSKOG' s Debt-to-Equity Range Over the Past 10 Years
Min: -39.69 Med: 0.72 Max: 37.47
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Norske Skog ASA was 37.47. The lowest was -39.69. And the median was 0.72.

OSL:NSKOG's Debt-to-Equity is ranked worse than
69.43% of 265 companies
in the Forest Products industry
Industry Median: 0.49 vs OSL:NSKOG: 0.82

Norske Skog ASA Debt-to-Equity Historical Data

The historical data trend for Norske Skog ASA'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.

Norske Skog ASA Debt-to-Equity Chart

Norske Skog ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.34

0.53

0.81

0.63

0.82

Norske Skog ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.70	0.71	0.80	0.82

Competitive Comparison of Norske Skog ASA's Debt-to-Equity

For the Paper & Paper Products subindustry, Norske Skog ASA'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.

Norske Skog ASA's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Norske Skog ASA's Debt-to-Equity falls into.

Norske Skog ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Norske Skog ASA'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
	=	(517	+	4536)	/	6160
	=	0.82

Norske Skog ASA'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
	=	(517	+	4536)	/	6160
	=	0.82

Norske Skog ASA (OSL:NSKOG) 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.

Norske Skog ASA Debt-to-Equity Related Terms

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

Norske Skog ASA (OSL:NSKOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Norske Skog ASA (OSL:NSKOG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NSKOGo:Sweden

Address

Sjolyst plass 2, Oslo, NOR, 0278

Website

https://www.norskeskog.com

Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

Norske Skog ASA (OSL:NSKOG) Headlines

No Headlines