Nord Insuretech Group AB (NGM:NORDIG) LT-Debt-to-Total-Asset: 0.21 (As of Jun. 2026)

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NGM:NORDIG Nord Insuretech Group AB NGM:NORDIG
14 GF Score
Price kr0.62
GF Value kr0.27
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nord Insuretech Group AB LT-Debt-to-Total-Asset?

Nord Insuretech Group AB NGM:NORDIG 14 LT-Debt-to-Total-Asset is 0.21 as of Jun. 2026. GuruFocus rates NGM:NORDIG with a GF Score™ of 14/100 and a GF Value™ of kr0.27 (Significantly Overvalued). The stock has 9 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nord Insuretech Group AB's long-term debt to total assests ratio for the quarter that ended in Jun. 2026 was 0.21.

Nord Insuretech Group AB's long-term debt to total assets ratio increased from Jun. 2025 (0.02) to Jun. 2026 (0.21). It may suggest that Nord Insuretech Group AB is progressively becoming more dependent on debt to grow their business.

Nord Insuretech Group AB  (NGM:NORDIG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Nord Insuretech Group AB LT-Debt-to-Total-Asset Related Terms

Nord Insuretech Group AB LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Nord Insuretech Group AB's LT-Debt-to-Total-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.

Nord Insuretech Group AB LT-Debt-to-Total-Asset Chart

Nord Insuretech Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.02 0.02 0.03 0.03

Nord Insuretech Group AB Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
LT-Debt-to-Total-Asset 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 0.02 0.03 0.02 0.03 0.21
NGM:NORDIG
14GF Score
Nord Insuretech Group AB NGM:NORDIG
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Nord Insuretech Group AB LT-Debt-to-Total-Asset Calculation

Nord Insuretech Group AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=1.114/36.194
=0.03

Nord Insuretech Group AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

LT Debt to Total Assets (Q: Jun. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2026 )/Total Assets (Q: Jun. 2026 )
=6.446/30.458
=0.21

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.21 mean?
Nord Insuretech Group AB (NGM:NORDIG) has a LT-Debt-to-Total-Asset of 0.21 as of Jun. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nord Insuretech Group AB and its competitors.
Is Nord Insuretech Group AB's LT-Debt-to-Total-Asset too high?
Nord Insuretech Group AB's current LT-Debt-to-Total-Asset is 0.21. Overall, Nord Insuretech Group AB has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nord Insuretech Group AB's LT-Debt-to-Total-Asset compare to CRM and SHOP?
Nord Insuretech Group AB's LT-Debt-to-Total-Asset of 0.21 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Software company?
A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Nord Insuretech Group AB and its competitors. Nord Insuretech Group AB's current LT-Debt-to-Total-Asset is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nord Insuretech Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nord Insuretech Group AB (NGM:NORDIG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.27, compared to a current price of kr0.62 — trading 127.8% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.21. Nord Insuretech Group AB's overall GF Score™ is 14/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Nord Insuretech Group AB (NGM:NORDIG), the current LT-Debt-to-Total-Asset is 0.21 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 Nord Insuretech Group AB (NGM:NORDIG) Overvalued in 2026?

Based on GuruFocus' analysis, Nord Insuretech Group AB stock appears to be overvalued. The current stock price of kr0.62 is trading 127.8% above its estimated GF Value™ of kr0.27. GuruFocus considers Nord Insuretech Group AB to be Significantly Overvalued.

Key valuation signals for NGM:NORDIG:

  • LT-Debt-to-Total-Asset: 0.21
  • GF Value™: kr0.27 vs. price of kr0.62 (127.8% above fair value)
  • GF Score™: 14/100 with 9 warning signs

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

Nord Insuretech Group AB Business Description

Address Industrigatan 4A, Stockholm, SWE, 112 46
Nord Insuretech Group AB is a operator of digital platform. It delivers next-generation integrated insurance in the Nordic region. The company distributes its services through partners who can then sell various insurance products to end customers through the company's digital platform.
14GF Score

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

kr0.62
Price
kr0.27
GF Value