NN Group NV (NN Group NV) Debt-to-EBITDA : N/A (As of Dec. 2023)

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What is NN Group NV Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

NN Group NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. NN Group NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15,376 Mil. NN Group NV's annualized EBITDA for the quarter that ended in Dec. 2023 was $0 Mil.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for NN Group NV's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of NN Group NV was 11.67. The lowest was 2.65. And the median was 4.17.

NNGRY's Debt-to-EBITDA is not ranked ^*
in the Insurance industry.
Industry Median: 1.52
* Ranked among companies with meaningful Debt-to-EBITDA only.

NN Group NV Debt-to-EBITDA Historical Data

The historical data trend for NN Group NV's Debt-to-EBITDA 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.

NN Group NV Debt-to-EBITDA Chart

NN Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.00

4.17

2.65

11.67

N/A

NN Group NV 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-EBITDA	Get a 7-Day Free Trial															2.40	4.47	-37.56	N/A	N/A

Competitive Comparison of NN Group NV's Debt-to-EBITDA

For the Insurance - Diversified subindustry, NN Group NV's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

NN Group NV's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NN Group NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NN Group NV's Debt-to-EBITDA falls into.

NN Group NV Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

NN Group NV's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	15376.227)	/	N/A
	=	N/A

NN Group NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	15376.227)	/	0
	=	N/A

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.

NN Group NV (OTCPK:NNGRY) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

NN Group NV Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of NN Group NV's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

NN Group NV (NN Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NN Group NV (OTCPK:NNGRY) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

NNGPF:USA NN:Netherlands NNa:UK 0QVV:UK 2NN:Germany NN:Austria

Address

Schenkkade 65, The Hague, ZH, NLD, 2595 AS

Website

https://www.nn-group.com

Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division of the company and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and the new style-defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as being closed to new business.