Novozymes Debt/Equity Ratio 2011-2023 | NVZMY

Novozymes debt/equity ratio for the quarter ending December 31, 2023 was 0.3.

  • Novozymes average debt/equity ratio for 2022 was 0.29, a 12.12% increase from 2021.
  • Novozymes average debt/equity ratio for 2021 was 0.33, a 32% decline from 2020.
  • Novozymes average debt/equity ratio for 2020 was 0.25, a 400% increase from 2019.

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.

Novozymes Debt/Equity Ratio 2011-2023 | NVZMY

  • Novozymes average debt/equity ratio for 2022 was 0.29, a 12.12% increase from 2021.
  • Novozymes average debt/equity ratio for 2021 was 0.33, a 32% decline from 2020.
  • Novozymes average debt/equity ratio for 2020 was 0.25, a 400% increase from 2019.

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.
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