NHYKF (Norsk Hydro ASA) Liabilities-to-Assets : 0.47 (As of Jun. 2026)

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.

NHYKF Norsk Hydro ASA NHYKF
87 GF Score
Price $9.97
GF Value $7.23
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Norsk Hydro ASA Liabilities-to-Assets?

Norsk Hydro ASA NHYKF +0.23% 87 Liabilities-to-Assets is 0.47 as of Jun. 2026. GuruFocus rates NHYKF with a GF Score™ of 87/100 and a GF Value™ of $7.23 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Norsk Hydro ASA's Total Liabilities for the quarter that ended in Jun. 2026 was $10,216 Mil. Norsk Hydro ASA's Total Assets for the quarter that ended in Jun. 2026 was $21,879 Mil. Therefore, Norsk Hydro ASA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.47.


Norsk Hydro ASA  (OTCPK:NHYKF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Norsk Hydro ASA Liabilities-to-Assets Related Terms


Norsk Hydro ASA Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Norsk Hydro ASA's Liabilities-to-Assets 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.

Norsk Hydro ASA Liabilities-to-Assets Chart

Norsk Hydro ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.48 0.48 0.49

Norsk Hydro ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Liabilities-to-Assets 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 0.48 0.47 0.49 0.47 0.47

NHYKF vs AA, CENX: Liabilities-to-Assets Comparison

For the Aluminum subindustry, Norsk Hydro ASA's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Norsk Hydro ASA Liabilities-to-Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Norsk Hydro ASA's Liabilities-to-Assets falls into.


NHYKF
87GF Score
Norsk Hydro ASA NHYKF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norsk Hydro ASA Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Norsk Hydro ASA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=10013.06/20609.287
=0.49

Norsk Hydro ASA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 is calculated as

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=10215.597/21879.324
=0.47

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.47 mean?
Norsk Hydro ASA (NHYKF) has a Liabilities-to-Assets of 0.47 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Norsk Hydro ASA and its competitors.
Is Norsk Hydro ASA's Liabilities-to-Assets too high?
Norsk Hydro ASA's current Liabilities-to-Assets is 0.47. Overall, Norsk Hydro ASA has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Liabilities-to-Assets compare to AA and CENX?
Norsk Hydro ASA's Liabilities-to-Assets of 0.47 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Norsk Hydro ASA and its competitors. Norsk Hydro ASA's current Liabilities-to-Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (NHYKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.23, compared to a current price of $9.97 — trading 37.9% above its estimated fair value. The current Liabilities-to-Assets is 0.47. Norsk Hydro ASA's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Norsk Hydro ASA (NHYKF), the current Liabilities-to-Assets is 0.47 as of Jun. 2026. 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.

Is Norsk Hydro ASA (NHYKF) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of $9.97 is trading 37.9% above its estimated GF Value™ of $7.23. GuruFocus considers Norsk Hydro ASA to be Significantly Overvalued.

Key valuation signals for NHYKF:

  • Liabilities-to-Assets: 0.47
  • GF Value™: $7.23 vs. price of $9.97 (37.9% above fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the NHYKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
87GF Score

Get the complete analysis for NHYKF

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

$9.97
Price
$7.23
GF Value