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We've identified the following companies as similar to Norrhydro Group Oy because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Financial Leverage in the risk category include:
A ratio that measures the dollars in total assets for each dollar of common equity.
Financial Leverage is defined as:
Financial Leverage = Total Assets / Common Equity
The higher the ratio, the more debt the company has in its capital structure and is more susceptible to defaulting on debt payments under poor operating conditions.
The chart above depicts the distribution of Financial Leverage for companies operating in the Industrials Sector in the Developed economic region. Over 3,590 companies were considered in this analysis, and 3,455 had meaningful values. The average Financial Leverage of companies in the Sector is 2.3x with a standard deviation of 1.8x. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Norrhydro Group Oy's Financial Leverage of 3.0x ranks in the 79.0% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 3,599 |
| Included Constituents | 3,455 |
| Min | -3.6x |
| Max | 12.3x |
| Median | 2.0x |
| Mean | 2.3x |
| Standard Deviation | 1.8x |
You can find companies with similar Financial Leverage using this stock screener.