Nelly Group AB (OSTO:NELLY) Debt-to-Equity : 1.56 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Nelly Group AB Debt-to-Equity?

Nelly Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr98 Mil. Nelly Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr178 Mil. Nelly Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr177 Mil. Nelly Group AB's debt to equity for the quarter that ended in Mar. 2024 was 1.56.

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 Nelly Group AB's Debt-to-Equity or its related term are showing as below:

OSTO:NELLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.54 Max: 3.09
Current: 1.56

During the past 13 years, the highest Debt-to-Equity Ratio of Nelly Group AB was 3.09. The lowest was 0.03. And the median was 0.54.

OSTO:NELLY's Debt-to-Equity is ranked worse than
80.42% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs OSTO:NELLY: 1.56

Nelly Group AB Debt-to-Equity Historical Data

The historical data trend for Nelly Group AB'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.

Nelly Group AB Debt-to-Equity Chart

Nelly Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.54

0.16

1.55

2.21

1.59

Nelly Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															3.09	1.88	1.83	1.59	1.56

Competitive Comparison of Nelly Group AB's Debt-to-Equity

For the Internet Retail subindustry, Nelly Group AB'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.

Nelly Group AB's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nelly Group AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nelly Group AB's Debt-to-Equity falls into.

Nelly Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nelly Group AB'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
	=	(100.3	+	183.3)	/	178.6
	=	1.59

Nelly Group AB's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(98.3	+	177.8)	/	176.6
	=	1.56

Nelly Group AB (OSTO:NELLY) 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.

Nelly Group AB Debt-to-Equity Related Terms

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

Nelly Group AB (OSTO:NELLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nelly Group AB (OSTO:NELLY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CD20:Germany

Address

c/o Nelly NLY AB, P.O. Box 690, Boras, SWE, SE-501 13

Website

https://www.nellygroup.com

Nelly Group AB is active in the retail industry. The company offers a wide range of fashion and accessories to mainly young women in the Nordic region. At the core is the own brand Nelly, which is marketed and sold in combination with a well-composed portfolio of external brands. Nelly sells directly to its target group via digital channels, primarily Nelly.com. The company operates from Boras.

Nelly Group AB (OSTO:NELLY) Headlines

No Headlines