NFI Group Inc.

Toronto Stock Exchange NFI.TO

NFI Group Inc. Debt to Equity Ratio for the year ending December 31, 2023: 1.62

NFI Group Inc. Debt to Equity Ratio is 1.62 for the year ending December 31, 2023, a -24.99% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • NFI Group Inc. Debt to Equity Ratio for the year ending December 31, 2022 was 2.16, a 96.70% change year over year.
  • NFI Group Inc. Debt to Equity Ratio for the year ending December 31, 2021 was 1.10, a -46.72% change year over year.
  • NFI Group Inc. Debt to Equity Ratio for the year ending December 31, 2020 was 2.06, a 38.27% change year over year.
  • NFI Group Inc. Debt to Equity Ratio for the year ending December 31, 2019 was 1.49, a 78.10% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Toronto Stock Exchange: NFI.TO

NFI Group Inc.

CEO Mr. Paul Soubry Jr., ICD.D
IPO Date Jan. 24, 2012
Location Canada
Headquarters 711 Kernaghan Avenue
Employees 9,100
Sector Consumer Discretionary
Industries
Description

NFI Group Inc., together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, Europe, the Asia Pacific, and internationally. It operates through two segments, Manufacturing Operations and Aftermarket Operations. The company offers heavy-duty transit buses under the New Flyer name; single and double-deck buses under the Alexander Dennis Limited brand name; motor coaches under Plaxton and MCI brand names; low-floor cutaway and medium-duty buses under the ARBOC brand; and aftermarket parts under the NFI Parts brand name, as well as articulated buses. It also provides zero-emission vehicles, including battery-electric buses, motor coaches, hydrogen fuel-cell buses, and electric trolleys. In addition, company offers post-sale services, including part distribution, field services, support documentation, training, and special projects. The company was formerly known as New Flyer Industries Inc. and changed its name to NFI Group Inc. in May 2018. NFI Group Inc. was founded in 1930 and is headquartered in Winnipeg, Canada.

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StockViz Staff

February 6, 2025

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