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Nl Industries inc   (NL)
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Nl Industries Inc 's Tangible Leverage Ratio

NL's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Despite a net increase in borrowings by 0.64%, Nl Industries Inc managed to enhance Tangible Leverage Ratio in the forth quarter 2023 to 0.19, falling below the company's typical Tangible Leverage Ratio.

Within Chemical Manufacturing industry in the forth quarter 2023, 2 other companies have achieved lower Tangible Leverage Ratio than Nl Industries Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 89 to 137 .

Explain Tangible Leverage Ratio?
What is NL Market Share?
What are NL´s Total Liabilities?


NL Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change -2.92 % 0.61 % -8.18 % -3.17 % 4.97 %
Y / Y Total Liabilities Change -15.64 % -15 % -66.62 % -66.57 % -64.44 %
Tangible Leverage Ratio MRQ 0.19 0.19 0.22 0.22 0.22
NL's Total Ranking # 137 # 89 # 475 # 376 # 506
Seq. Tangible Equity Change 1.69 % -0.85 % -0.69 % -3.05 % 5.39 %
Seq. Total Liabilities Change 0.64 % -13.91 % 3.29 % -5.74 % 1.4 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 3
Basic Materials Sector # 20
Overall Market # 137


Tangible Leverage Ratio Statistics
High Average Low
1.21 0.77 0.18
(Mar 31 2016)  




Financial Statements
Nl Industries Inc 's Tangible Equity $ 365 Millions Visit NL's Balance sheet
Nl Industries Inc 's Total Liabilities $ 70 Millions Visit NL's Balance sheet
Source of NL's Sales Visit NL's Sales by Geography


Cumulative Nl Industries Inc 's Tangible Leverage Ratio

NL's Tangible Leverage Ratio for the trailling 12 Months

NL Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth -2.92 % 0.61 % -8.18 % -3.17 % 4.97 %
Y / Y Total Liabilities TTM Growth -15.64 % -15 % -66.62 % -66.57 % -64.44 %
Tangible Leverage Ratio TTM 0.21 0.21 0.22 0.33 0.43
Total Ranking TTM # # # # #
Seq. Tangible Equity TTM Growth 1.69 % -0.85 % -0.69 % -3.05 % 5.39 %
Seq. Total Liabilities TTM Growth 0.64 % -13.91 % 3.29 % -5.74 % 1.4 %


On the trailing twelve months basis Despite of the net new borrowings of 0.64% during the twelve months period ending in IV Quarter 2023 Nl Industries Inc has managed to unchanged Tangible Leverage Ratio in the IV Quarter 2023 to 0.21, below Nl Industries Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Chemical Manufacturing industry 2, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Nl Industries Inc . While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 349 to 2.

Explain Tangible Leverage Ratio?
What is NL Market Share?
What are NL´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 3
Basic Materials Sector # 20
Within the Market # 137


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
1.21 0.77 0.18
(Mar 31 2016)  




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Chemical Manufacturing Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Cardinal Ethanol Llc  0.48 $ 82.599  Millions$ 170.782  Millions
Lake Area Corn Processors Llc  0.46 $ 57.991  Millions$ 124.998  Millions
Comstock Inc   0.45 $ 28.189  Millions$ 62.411  Millions
Loop Industries Inc   0.34 $ 5.875  Millions$ 17.417  Millions
Northern Technologies International Corporation  0.33 $ 19.581  Millions$ 60.189  Millions
Arq Inc   0.32 $ 57.102  Millions$ 178.400  Millions
Nl Industries inc   0.19 $ 70.092  Millions$ 364.606  Millions
Futurefuel Corp   0.18 $ 57.201  Millions$ 309.880  Millions
Gevo inc   0.17 $ 91.447  Millions$ 550.865  Millions
Origin Materials Inc   0.09 $ 38.960  Millions$ 422.386  Millions
Solarwindow Technologies Inc   0.04 $ 0.307  Millions$ 6.853  Millions

Date modified: 2024-03-08T05:41:48+00:00



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