Nu-World Holdings (JSE:NWL) Debt-to-Equity : 0.03 (As of Feb. 2024)

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What is Nu-World Holdings Debt-to-Equity?

Nu-World Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R26 Mil. Nu-World Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R21 Mil. Nu-World Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R1,553 Mil. Nu-World Holdings's debt to equity for the quarter that ended in Feb. 2024 was 0.03.

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-World Holdings's Debt-to-Equity or its related term are showing as below:

JSE:NWL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.36
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Nu-World Holdings was 0.36. The lowest was 0.03. And the median was 0.07.

JSE:NWL's Debt-to-Equity is ranked better than
90.07% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs JSE:NWL: 0.03

Nu-World Holdings Debt-to-Equity Historical Data

The historical data trend for Nu-World 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-World Holdings Debt-to-Equity Chart

Nu-World Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.16

0.06

0.05

0.04

Nu-World Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.05	0.04	0.04	0.03

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

For the Consumer Electronics subindustry, Nu-World 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-World Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nu-World Holdings's Debt-to-Equity distribution charts can be found below:

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

Nu-World Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nu-World Holdings's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(23.811	+	34.193)	/	1535.95
	=	0.04

Nu-World Holdings's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(25.942	+	21.236)	/	1552.717
	=	0.03

Nu-World Holdings (JSE:NWL) 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-World Holdings Debt-to-Equity Related Terms

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

Nu-World Holdings (JSE:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nu-World Holdings Ltd (JSE:NWL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199

Website

https://www.nuworld.co.za

Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.