Nicolas Correa (XMAD:NEA) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Nicolas Correa Debt-to-Equity?

Nicolas Correa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.1 Mil. Nicolas Correa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.8 Mil. Nicolas Correa's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €73.7 Mil. Nicolas Correa's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 Nicolas Correa's Debt-to-Equity or its related term are showing as below:

XMAD:NEA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: 0.53
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Nicolas Correa was 0.53. The lowest was 0.09. And the median was 0.21.

XMAD:NEA's Debt-to-Equity is ranked better than
72.85% of 2615 companies
in the Industrial Products industry
Industry Median: 0.28 vs XMAD:NEA: 0.11

Nicolas Correa Debt-to-Equity Historical Data

The historical data trend for Nicolas Correa'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.

Nicolas Correa Debt-to-Equity Chart

Nicolas Correa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.29

0.20

0.16

0.11

Nicolas Correa Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.11	0.16	0.14	0.11

Competitive Comparison of Nicolas Correa's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Nicolas Correa'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.

Nicolas Correa's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nicolas Correa's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nicolas Correa's Debt-to-Equity falls into.

Nicolas Correa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nicolas Correa'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
	=	(3.06	+	4.839)	/	73.697
	=	0.11

Nicolas Correa'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
	=	(3.06	+	4.839)	/	73.697
	=	0.11

Nicolas Correa (XMAD:NEA) 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.

Nicolas Correa Debt-to-Equity Related Terms

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Nicolas Correa (XMAD:NEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nicolas Correa SA (XMAD:NEA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0FDN:UK

Address

Alcalde Martin Cobos 16A, Burgos, ESP, 09007

Website

https://www.nicolascorrea.com

Nicolas Correa SA is primarily engaged in the design and manufacture of milling machines. The company mainly specializes in the provision of milling solutions for the manufacturers of dies and moulds, monolithic elements for aeronautics, automotive, railway, wind, energy, as well as energy and general mechanical sectors, among others.