Nebag AG (XSWX:NBEN) Debt-to-Equity: 0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:NBEN Nebag AG XSWX:NBEN
41 GF Score
Price CHF6.05
! 4 Warning Signs
View Full Analysis

What is Nebag AG Debt-to-Equity?

Nebag AG XSWX:NBEN 41 Debt-to-Equity is 0.00 as of Dec. 2025. GuruFocus rates XSWX:NBEN with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 962 Asset Management companies, Nebag AG ranks worse than 103950% on this metric.

Nebag AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF0.00 Mil. Nebag AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF0.00 Mil. Nebag AG's Total Stockholders Equity for the quarter that ended in Dec. 2025 was CHF61.97 Mil. Nebag AG's debt to equity for the quarter that ended in Dec. 2025 was 0.00.

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 Nebag AG's Debt-to-Equity or its related term are showing as below:

XSWX:NBEN's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Nebag AG  (XSWX:NBEN) 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.

Nebag AG Debt-to-Equity Related Terms

Nebag AG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nebag AG'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.

Nebag AG Debt-to-Equity Chart

Nebag AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nebag AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XSWX:NBEN vs BLK, BX, KKR: Debt-to-Equity Comparison

For the Asset Management subindustry, Nebag AG'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.

Nebag AG Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nebag AG's Debt-to-Equity distribution charts can be found below:

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


XSWX:NBEN
41GF Score
Nebag AG XSWX:NBEN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nebag AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nebag AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 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
=(0 + 0) / 61.973
=0.00

Nebag AG's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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
=(0 + 0) / 61.973
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Nebag AG (XSWX:NBEN) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nebag AG and its competitors. According to the industry distribution chart, Nebag AG ranks #999999 out of 962 companies in the Asset Management industry.
Is Nebag AG's Debt-to-Equity too high?
Nebag AG's current Debt-to-Equity is 0.00. Based on the distribution chart, Nebag AG ranks #999999 out of 962 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nebag AG has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Nebag AG's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Nebag AG ranks #999999 out of 962 companies for Debt-to-Equity. This places Nebag AG in the lower half of its industry. The industry median Debt-to-Equity is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nebag AG and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nebag AG's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nebag AG stock overvalued right now?
Nebag AG (XSWX:NBEN) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Nebag AG's overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nebag AG (XSWX:NBEN), the current Debt-to-Equity is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nebag AG Business Description

Address c/o Baryon AG, General Guisan-Quai 36, Zurich, CHE, 8002
Nebag AG is an investment company. The company invests in unlisted companies that are listed on the BX Swiss or SIX Swiss Exchange. Furthermore, the company offers debt facilities for suitable companies. It prefers to invest in unlisted blue chips and listed small and mid-cap companies.
41GF Score

Get the complete analysis for XSWX:NBEN

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF6.05
Price