Nova Debt/Equity Ratio 2010-2024 | NVMI
- Nova average debt/equity ratio for 2023 was 0.08, a 69.23% decline from 2022.
- Nova average debt/equity ratio for 2022 was 0.26, a 116.67% decline from 2021.
- Nova average debt/equity ratio for 2021 was 0.12, a 0% increase from 2020.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.