Nu Holdings (Nu Holdings) Debt-to-Equity : 0.18 (As of Dec. 2023)

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What is Nu Holdings Debt-to-Equity?

Nu Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $114 Mil. Nu Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,060 Mil. Nu Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,406 Mil. Nu Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nu Holdings's Debt-to-Equity or its related term are showing as below:

NU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.29 Max: 0.53
Current: 0.18

During the past 6 years, the highest Debt-to-Equity Ratio of Nu Holdings was 0.53. The lowest was 0.04. And the median was 0.29.

NU's Debt-to-Equity is ranked better than
84.28% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs NU: 0.18

Nu Holdings Debt-to-Equity Historical Data

The historical data trend for Nu Holdings's Debt-to-Equity 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.

Nu Holdings Debt-to-Equity Chart

Nu Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.53

0.43

0.04

0.12

0.18

Nu Holdings Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.12	0.13	0.14	0.19	0.18

Competitive Comparison of Nu Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Nu Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Nu Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nu Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nu Holdings's Debt-to-Equity falls into.

Nu Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nu Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(113.595	+	1059.691)	/	6406.385
	=	0.18

Nu Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(113.595	+	1059.691)	/	6406.385
	=	0.18

Nu Holdings (NYSE:NU) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Nu Holdings Debt-to-Equity Related Terms

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

Nu Holdings (Nu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nu Holdings Ltd (NYSE:NU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NU:Mexico M1Z:Germany M1Z:Germany M1Z:Germany ROXO34:Brazil

Address

Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010

Website

https://www.nubank.com.br

Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.