Nel ASA (NEL) - Total Liabilities
Based on the latest financial reports, Nel ASA (NEL) has total liabilities worth Nkr1.26 Billion NOK (≈ $132.31 Million USD) as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore NEL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Nel ASA - Total Liabilities Trend (2002–2024)
This chart illustrates how Nel ASA's total liabilities have evolved over time, based on quarterly financial data. See free cash flow generation of Nel ASA to measure how efficiently the company converts operating cash flow to free cash.
Nel ASA Competitors by Total Liabilities
The table below lists competitors of Nel ASA ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Korea New Network Co. Ltd
KQ:058400
|
Korea | ₩13.88 Billion |
|
Tianjin Jinbin Development
SHE:000897
|
China | CN¥1.31 Billion |
|
Burstone Group Limited
JSE:BTN
|
South Africa | ZAC9.09 Billion |
|
Hemisphere Properties India Limited
NSE:HEMIPROP
|
India | Rs7.32 Billion |
|
Zaptec AS
OL:ZAP
|
Norway | Nkr425.90 Million |
|
Bandwidth Inc
NASDAQ:BAND
|
USA | $640.59 Million |
|
Eaton Vance Municipal Income Closed Fund
NYSE:EVN
|
USA | $207.34 Million |
|
Alltek Technology Corp
TW:3209
|
Taiwan | NT$17.26 Billion |
Liability Composition Analysis (2002–2024)
This chart breaks down Nel ASA's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see how much is Nel ASA worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.54 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 2.03 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.26 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.20 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nel ASA's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nel ASA (2002–2024)
The table below shows the annual total liabilities of Nel ASA from 2002 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Nkr1.33 Billion ≈ $139.63 Million |
-20.03% |
| 2023-12-31 | Nkr1.66 Billion ≈ $174.60 Million |
+10.55% |
| 2022-12-31 | Nkr1.50 Billion ≈ $157.94 Million |
+55.01% |
| 2021-12-31 | Nkr968.28 Million ≈ $101.89 Million |
+44.87% |
| 2020-12-31 | Nkr668.38 Million ≈ $70.33 Million |
+14.44% |
| 2019-12-31 | Nkr584.05 Million ≈ $61.46 Million |
+59.83% |
| 2018-12-31 | Nkr365.42 Million ≈ $38.45 Million |
+15.54% |
| 2017-12-31 | Nkr316.27 Million ≈ $33.28 Million |
+245.06% |
| 2016-12-31 | Nkr91.66 Million ≈ $9.64 Million |
+8.29% |
| 2015-12-31 | Nkr84.64 Million ≈ $8.91 Million |
+95.74% |
| 2014-12-31 | Nkr43.24 Million ≈ $4.55 Million |
+560.27% |
| 2013-12-31 | Nkr6.55 Million ≈ $689.16K |
-49.87% |
| 2012-12-31 | Nkr13.06 Million ≈ $1.37 Million |
-4.14% |
| 2011-12-31 | Nkr13.63 Million ≈ $1.43 Million |
-38.34% |
| 2010-12-31 | Nkr22.10 Million ≈ $2.33 Million |
+29.18% |
| 2009-12-31 | Nkr17.11 Million ≈ $1.80 Million |
+63.15% |
| 2008-12-31 | Nkr10.49 Million ≈ $1.10 Million |
+15.37% |
| 2007-12-31 | Nkr9.09 Million ≈ $956.60K |
-5.64% |
| 2006-12-31 | Nkr9.63 Million ≈ $1.01 Million |
+121.85% |
| 2005-12-31 | Nkr4.34 Million ≈ $456.98K |
+16.71% |
| 2004-12-31 | Nkr3.72 Million ≈ $391.54K |
+128.69% |
| 2003-12-31 | Nkr1.63 Million ≈ $171.21K |
-1.51% |
| 2002-12-31 | Nkr1.65 Million ≈ $173.84K |
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About Nel ASA
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates in Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen pr… Read more