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Nordic Technology Group AS (OSL:NTG) Debt-to-Equity : 0.37 (As of Dec. 2024)


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What is Nordic Technology Group AS Debt-to-Equity?

Nordic Technology Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr26.14 Mil. Nordic Technology Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr64.57 Mil. Nordic Technology Group AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr246.16 Mil. Nordic Technology Group AS's debt to equity for the quarter that ended in Dec. 2024 was 0.37.

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 Nordic Technology Group AS's Debt-to-Equity or its related term are showing as below:

OSL:NTG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.37
Current: 0.37

During the past 4 years, the highest Debt-to-Equity Ratio of Nordic Technology Group AS was 0.37. The lowest was 0.07. And the median was 0.09.

OSL:NTG's Debt-to-Equity is ranked worse than
58.49% of 2173 companies
in the Hardware industry
Industry Median: 0.28 vs OSL:NTG: 0.37

Nordic Technology Group AS Debt-to-Equity Historical Data

The historical data trend for Nordic Technology Group AS'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.

Nordic Technology Group AS Debt-to-Equity Chart

Nordic Technology Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
0.07 0.08 0.09 0.37

Nordic Technology Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial 0.08 0.05 0.09 0.19 0.37

Competitive Comparison of Nordic Technology Group AS's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Nordic Technology Group AS'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.

Nordic Technology Group AS's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nordic Technology Group AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nordic Technology Group AS's Debt-to-Equity falls into.


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Nordic Technology Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordic Technology Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(26.141 + 64.571) / 246.161
=0.37

Nordic Technology Group AS's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(26.141 + 64.571) / 246.161
=0.37

* 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.

Nordic Technology Group AS  (OSL:NTG) 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.

Nordic Technology Group AS Debt-to-Equity Related Terms

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Nordic Technology Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nordic Technology Group AS (OSL:NTG) » Definitions » Debt-to-Equity
Comparable Companies
OSL:ININ TSE:6861 GRMN OSTO:HEXA B KEYS FTV TDY TRMB COHR TSE:7701 BMI MKSI CGNX VNT ITRI SZSE:002414 NOVT ESE TPE:2360 ST
Traded in Other Exchanges
N/A
Address
Tollbugata 24, Oslo, NOR, 0157
Website
https://www.ntechgroup.no
Nordic Technology Group AS operates within the technology industry, focusing on accelerating and maximizing the value of disrupting technology innovations. The business of the company is divided into three technology segments namely, Sensor technology, Nanomaterials technology, and Clean technology.