Nordic Paper Holding AB (OSTO:NPAPER) Debt-to-Equity : 1.04 (As of Sep. 2024)

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What is Nordic Paper Holding AB Debt-to-Equity?

Nordic Paper Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr14 Mil. Nordic Paper Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr1,273 Mil. Nordic Paper Holding AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr1,237 Mil. Nordic Paper Holding AB's debt to equity for the quarter that ended in Sep. 2024 was 1.04.

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 Paper Holding AB's Debt-to-Equity or its related term are showing as below:

OSTO:NPAPER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 1.22 Max: 2.82
Current: 1.04

During the past 7 years, the highest Debt-to-Equity Ratio of Nordic Paper Holding AB was 2.82. The lowest was 0.15. And the median was 1.22.

OSTO:NPAPER's Debt-to-Equity is ranked worse than
80% of 260 companies
in the Forest Products industry
Industry Median: 0.485 vs OSTO:NPAPER: 1.04

Nordic Paper Holding AB Debt-to-Equity Historical Data

The historical data trend for Nordic Paper Holding AB'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 Paper Holding AB Debt-to-Equity Chart

Nordic Paper Holding AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

1.91

2.82

1.22

1.03

Nordic Paper Holding AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.14	1.03	0.95	1.05	1.04

Competitive Comparison of Nordic Paper Holding AB's Debt-to-Equity

For the Paper & Paper Products subindustry, Nordic Paper Holding AB'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 Paper Holding AB's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nordic Paper Holding AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nordic Paper Holding AB's Debt-to-Equity falls into.

Nordic Paper Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordic Paper Holding AB'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
	=	(270	+	963)	/	1193
	=	1.03

Nordic Paper Holding AB's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14	+	1273)	/	1237
	=	1.04

Nordic Paper Holding AB (OSTO:NPAPER) 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 Paper Holding AB Debt-to-Equity Related Terms

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Nordic Paper Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nordic Paper Holding AB (OSTO:NPAPER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0ABK:UK NPH:Germany

Address

Tullhusgatan 1B, Karlstad, SWE, 652 09

Website

https://www.nordic-paper.com

Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments.

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