Debt-to-Equity Ratio
Updated 152h ago
Sector Performance
16th percentileNEM
0.15x
Sector Median
0.73x
Sector Avg
0.09x
Deep Analysis
NEM's debt-to-equity ratio of 0.15x means the company uses only $0.15 of debt for every $1 of shareholder equity, indicating a very conservative capital structure with low financial leverage.
This is notably below the sector median of 0.72x, placing NEM in the 16th percentile among its peers, meaning it carries far less debt relative to equity than 84% of the sector. Trend data is not available: both the year-over-year change and quarter-over-quarter change are marked as N/A, so no direction can be inferred. The combination of a very low debt level and no trend data suggests minimal financial risk from leverage, but also offers no signal of improving or deteriorating balance sheet strength. This low debt-to-equity ratio supports a neutral investment stance by confirming financial stability, but does not alone justify a bullish or bearish outlook.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about NEM?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are NEM's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.15x
Sector Median
0.73x
Sector Avg
0.09x
How NEM's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.