Nomad Foods (Nomad Foods) Debt-to-Revenue

: 0.71 (As of Dec. 2023)

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

Nomad Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38 Mil. Nomad Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,305 Mil. Nomad Foods's annualized Revenue for the quarter that ended in Dec. 2023 was $3,319 Mil. Nomad Foods's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.71.

Nomad Foods Debt-to-Revenue Historical Data

The historical data trend for Nomad Foods's Debt-to-Revenue 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.

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Nomad Foods Annual Data

Trend

Dec14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

0.81

0.70

0.86

0.74

0.71

Nomad Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue																0.72	0.70	0.73	0.71	0.71

Competitive Comparison

For the Packaged Foods subindustry, Nomad Foods's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Nomad Foods Debt-to-Revenue Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nomad Foods's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nomad Foods's Debt-to-Revenue falls into.

Nomad Foods Debt-to-Revenue Calculation

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

Nomad Foods's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(37.732	+	2305.016)	/	3320.065
	=	0.71

Nomad Foods's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(37.732	+	2305.016)	/	3318.648
	=	0.71

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

Nomad Foods Debt-to-Revenue Related Terms

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Nomad Foods (Nomad Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nomad Foods Ltd (NYSE:NOMD) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

NOMD:Mexico 0NH:Germany

Address

No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, GBR, TW14 8HA

Website

https://www.nomadfoods.com

Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, and ready meals. It sells its products primarily through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.