Northern Electric annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Northern Electric Debt-to-Equity Ratio Growth & History (NTEA)
Northern Electric's debt-to-equity ratio was 1.03 for fiscal 2025.
View full Northern Electric company overviewNorthern Electric annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.03 | 0.12 | +13.53% |
| 2024 | 2024-12-31 | 0.90 | 0.03 | +3.20% |
| 2023 | 2023-12-31 | 0.88 | −0.07 | −7.23% |
| 2022 | 2022-12-31 | 0.94 | 0.23 | +31.48% |
| 2021 | 2021-12-31 | 0.72 | −0.09 | −11.46% |
| 2020 | 2020-12-31 | 0.81 | — | — |
Northern Electric debt-to-equity ratio trends
Over the last five fiscal years, Northern Electric's debt-to-equity ratio increased from 0.81 to 1.03, a change of 0.22.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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