NIO Debt to Equity Ratio 2019-2023 | NIO
Current and historical debt to equity ratio values for NIO (NIO) 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. NIO debt/equity for the three months ending December 31, 2023 was 0.51.
| NIO Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-12-31 |
$12.91B |
$3.63B |
3.56 |
| 2023-09-30 |
$11.86B |
$2.18B |
5.44 |
| 2023-06-30 |
$10.03B |
$2.02B |
4.96 |
| 2023-03-31 |
$10.12B |
$2.89B |
3.50 |
| 2022-12-31 |
$10.46B |
$3.49B |
3.00 |
| 2022-09-30 |
$9.49B |
$4.13B |
2.30 |
| 2022-06-30 |
$9.20B |
$4.82B |
1.91 |
| 2022-03-31 |
$8.37B |
$5.39B |
1.55 |
| 2021-12-31 |
$7.55B |
$5.46B |
1.38 |
| 2021-09-30 |
$6.91B |
$3.81B |
1.81 |
| 2021-06-30 |
$6.07B |
$4.08B |
1.49 |
| 2021-03-31 |
$5.24B |
$4.09B |
1.28 |
| 2020-12-31 |
$4.21B |
$4.16B |
1.01 |
| 2020-09-30 |
$3.88B |
$1.18B |
3.29 |
| 2020-06-30 |
$4.10B |
$-0.82B |
-5.00 |
| 2020-03-31 |
$3.30B |
$-1.14B |
-2.91 |
| 2019-12-31 |
$3.00B |
$-0.90B |
-3.32 |
| 2019-09-30 |
$2.85B |
$-0.49B |
-5.77 |
| 2019-06-30 |
$2.79B |
$-0.14B |
-20.45 |
| 2019-03-31 |
$2.79B |
$0.35B |
8.00 |
| 2018-09-30 |
$1.14B |
$1.33B |
0.86 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$9.575B |
$7.834B |
|
NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
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