NLFKF (Nilfisk Holding A/S) Debt-to-Equity : 0.95 (As of Jun. 2024)

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What is Nilfisk Holding A/S Debt-to-Equity?

Nilfisk Holding A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $244 Mil. Nilfisk Holding A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $68 Mil. Nilfisk Holding A/S's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $327 Mil. Nilfisk Holding A/S's debt to equity for the quarter that ended in Jun. 2024 was 0.95.

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 Nilfisk Holding A/S's Debt-to-Equity or its related term are showing as below:

NLFKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95 Med: 2.19 Max: 3.08
Current: 0.95

During the past 10 years, the highest Debt-to-Equity Ratio of Nilfisk Holding A/S was 3.08. The lowest was 0.95. And the median was 2.19.

NLFKF's Debt-to-Equity is ranked worse than
85.27% of 2620 companies
in the Industrial Products industry
Industry Median: 0.29 vs NLFKF: 0.95

Nilfisk Holding A/S Debt-to-Equity Historical Data

The historical data trend for Nilfisk Holding A/S'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.

Nilfisk Holding A/S Debt-to-Equity Chart

Nilfisk Holding A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.77

2.96

1.71

1.34

1.01

Nilfisk Holding A/S Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.20	1.08	1.01	1.02	0.95

Competitive Comparison of Nilfisk Holding A/S's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Nilfisk Holding A/S'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.

Nilfisk Holding A/S's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nilfisk Holding A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nilfisk Holding A/S's Debt-to-Equity falls into.

Nilfisk Holding A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nilfisk Holding A/S'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
	=	(29.117	+	273.282)	/	299.891
	=	1.01

Nilfisk Holding A/S's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(243.595	+	68.138)	/	327.018
	=	0.95

Nilfisk Holding A/S (GREY:NLFKF) 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.

Nilfisk Holding A/S Debt-to-Equity Related Terms

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Nilfisk Holding A/S Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nilfisk Holding A/S (GREY:NLFKF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RUZ:UK NLFSK:Denmark NF1:Germany

Address

Marmorvej 8, Copenhagen, DNK, DK-2100

Website

https://www.nilfisk.com

Nilfisk Holding AS through its subsidiaries manufactures and produces cleaning equipment. The product offered by the group includes floor-cleaning machines, high-pressure cleaners, industrial vacuum cleaners, and outdoor cleaning equipment. In addition, the firm also provides after-sales service for the professional cleaning industry. The operating segments of the organization are Europe, Americas, APAC, Consumer, Private Label and other. Geographically the activities are carried out throughout the region of Denmark.