NORMA Group SE (XTER:NOEJ) Debt-to-Equity : 0.73 (As of Mar. 2024)

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What is NORMA Group SE Debt-to-Equity?

NORMA Group SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €45 Mil. NORMA Group SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €472 Mil. NORMA Group SE's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €711 Mil. NORMA Group SE's debt to equity for the quarter that ended in Mar. 2024 was 0.73.

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

XTER:NOEJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.95 Max: 1.21
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of NORMA Group SE was 1.21. The lowest was 0.58. And the median was 0.95.

XTER:NOEJ's Debt-to-Equity is ranked worse than
78.17% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs XTER:NOEJ: 0.73

NORMA Group SE Debt-to-Equity Historical Data

The historical data trend for NORMA Group SE'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.

NORMA Group SE Debt-to-Equity Chart

NORMA Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.95

0.88

0.75

0.73

0.74

NORMA Group SE 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															0.74	0.75	0.74	0.74	0.73

Competitive Comparison of NORMA Group SE's Debt-to-Equity

For the Metal Fabrication subindustry, NORMA Group SE'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.

NORMA Group SE's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NORMA Group SE's Debt-to-Equity distribution charts can be found below:

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

NORMA Group SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NORMA Group SE'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
	=	(40.171	+	469.821)	/	693.102
	=	0.74

NORMA Group SE'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
	=	(44.508	+	472.302)	/	711.286
	=	0.73

NORMA Group SE (XTER:NOEJ) 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.

NORMA Group SE Debt-to-Equity Related Terms

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

NORMA Group SE (XTER:NOEJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NORMA Group SE (XTER:NOEJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0P38:UK NOEJ:Austria

Address

Edisonstrasse 4, Maintal, DEU, 63477

Website

https://www.normagroup.com

NORMA Group SE manufactures a wide range of joining technology solutions. Its products are primarily constructed from steel and help seal, connect, or ensure reliable flow of liquids, gases, and other elements. The components and finished solutions are used in various industries and can be found in transportation vehicles, household appliances, engines, plumbing systems, and medical fields. Norma has three primary product categories: clamps, joining elements, and fluid systems/connectors. It supplies single-component, multicomponent, and complex systems to meet customer requirements. The company uses a global sales and distribution network to reach customers and supply customized solutions across Europe, the Americas, and Asia-Pacific.

Executives

Annette Stieve	Board of Directors
Dr. Daniel Heymann	Board of Directors
Guido Hans Grandi	Board of Directors

NORMA Group SE (XTER:NOEJ) Headlines

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