Nordex SE (Nordex SE) Equity-to-Asset

: 0.18 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nordex SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,065 Mil. Nordex SE's Total Assets for the quarter that ended in Dec. 2023 was $5,913 Mil. Therefore, Nordex SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.18.

The historical rank and industry rank for Nordex SE's Equity-to-Asset or its related term are showing as below:

NRDXF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.24 Max: 0.33
Current: 0.18

During the past 13 years, the highest Equity to Asset Ratio of Nordex SE was 0.33. The lowest was 0.18. And the median was 0.24.

NRDXF's Equity-to-Asset is ranked worse than
93.95% of 3023 companies
in the Industrial Products industry
Industry Median: 0.56 vs NRDXF: 0.18

Nordex SE Equity-to-Asset Historical Data

The historical data trend for Nordex SE's Equity-to-Asset 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.

Nordex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.19

0.18

0.26

0.19

0.18

Nordex SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.19	0.15	0.21	0.19	0.18

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Nordex SE's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Nordex SE Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Nordex SE's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nordex SE's Equity-to-Asset falls into.

Nordex SE Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nordex SE's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1064.99	/	5912.793
	=	0.18

Nordex SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1064.99	/	5912.793
	=	0.18

Nordex SE (OTCPK:NRDXF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Nordex SE Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Nordex SE's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Nordex SE (Nordex SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (OTCPK:NRDXF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NRXXY:USA 1NDX:Italy NDX1d:UK 0MEC:UK NDX1:Germany NDX1:Austria

Address

Langenhorner Chaussee 600, Hamburg, DEU, 22419

Website

https://www.nordex-online.com

Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.