Novo Nordisk Debt to Equity Ratio 2010-2024 | NVO

Current and historical debt to equity ratio values for Novo Nordisk (NVO) over the last 10 years. The 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. Novo Nordisk debt/equity for the three months ending March 31, 2024 was 0.17.
Novo Nordisk Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2024-03-31 $29.12B $14.40B 2.02
2023-12-31 $30.19B $15.47B 1.95
2023-09-30 $30.24B $13.58B 2.23
2023-06-30 $27.80B $13.22B 2.10
2023-03-31 $24.52B $11.51B 2.13
2022-12-31 $22.34B $11.82B 1.89
2022-09-30 $22.48B $10.38B 2.17
2022-06-30 $20.66B $10.65B 1.94
2022-03-31 $19.69B $10.04B 1.96
2021-12-31 $19.69B $11.26B 1.75
2021-09-30 $17.12B $10.49B 1.63
2021-06-30 $15.00B $10.63B 1.41
2021-03-31 $13.44B $9.48B 1.42
2020-12-31 $12.50B $9.70B 1.29
2020-09-30 $12.62B $9.35B 1.35
2020-06-30 $11.24B $8.87B 1.27
2020-03-31 $10.61B $8.04B 1.32
2019-12-31 $10.20B $8.63B 1.18
2019-09-30 $10.72B $7.89B 1.36
2019-06-30 $9.76B $8.00B 1.22
2019-03-31 $9.56B $7.20B 1.33
2018-12-31 $9.01B $7.93B 1.14
2018-09-30 $8.48B $7.41B 1.15
2018-06-30 $8.67B $7.86B 1.10
2018-03-31 $8.14B $7.30B 1.12
2017-12-31 $7.98B $7.57B 1.06
2017-09-30 $8.05B $7.42B 1.09
2017-06-30 $7.31B $7.16B 1.02
2017-03-31 $7.73B $5.78B 1.34
2016-12-31 $7.77B $6.73B 1.16
2016-09-30 $6.90B $6.20B 1.11
2016-06-30 $6.94B $6.47B 1.07
2016-03-31 $6.67B $5.51B 1.21
2015-12-31 $6.67B $6.99B 0.95
2015-09-30 $6.28B $6.43B 0.98
2015-06-30 $6.25B $5.80B 1.08
2015-03-31 $6.88B $4.87B 1.41
2014-12-31 $6.56B $7.18B 0.91
2014-09-30 $5.93B $6.76B 0.88
2014-06-30 $4.97B $6.74B 0.74
2014-03-31 $5.45B $6.17B 0.88
2013-12-31 $4.95B $7.58B 0.65
2013-09-30 $5.15B $6.95B 0.74
2013-06-30 $5.07B $6.20B 0.82
2013-03-31 $5.07B $5.99B 0.85
2012-12-31 $4.33B $7.02B 0.62
2012-09-30 $5.20B $5.99B 0.87
2012-06-30 $5.12B $5.42B 0.95
2012-03-31 $5.09B $5.71B 0.89
2011-12-31 $5.09B $7.00B 0.73
2011-09-30 $5.05B $6.73B 0.75
2011-06-30 $4.74B $7.13B 0.66
2011-03-31 $4.44B $6.38B 0.70
2010-12-31 $4.36B $6.59B 0.66
2010-09-30 $3.96B $5.93B 0.67
2010-06-30 $4.00B $5.75B 0.70
2010-03-31 $3.95B $6.12B 0.65
2009-12-31 $3.56B $6.69B 0.53
2009-09-30 $3.40B $6.70B 0.51
2009-06-30 $3.14B $6.23B 0.50
2009-03-31 $3.30B $5.49B 0.60
Sector Industry Market Cap Revenue
Medical Large Cap Pharmaceutical $596.438B $33.708B
Bagsv?rd, Denmark-based Novo Nordisk is a global healthcare company and a leader in the worldwide diabetes market. The company is also a key player in hemophilia care, growth hormone therapy, hormone replacement therapy and obesity.Novo Nordisk operates through two segments: Diabetes and obesity care and Biopharmaceuticals. While the Diabetes and obesity care segment covers insulins, glucagon-like peptide 1 (GLP-1), other protein-related products, obesity and oral anti-diabetic drugs, the Biopharmaceuticals segment includes hemophilia, growth hormone therapy and hormone replacement therapy.Novo Nordisk's most well-known drugs include Levemir, NovoRapid, Victoza, Ozempic, NovoMix, NovoSeven, NovoThirteen, Ryzodeg, Xultophy, Saxenda, Rybelsus, Esperoct, Sogroya and Norditropin, among several others. The company launched its first product for weight management, Saxenda, in the United States in 2015.In August 2018, Novo Nordisk announced that it has acquired all of the shares of Ziylo Ltd.
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