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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Northern Oil & Gas (NOG) Debt to Equity (2016 - 2025)

Northern Oil & Gas (NOG) has 15 years of Debt to Equity data on record, last reported at $1.13 in Q4 2025.

  • For Q4 2025, Debt to Equity rose 9.41% year-over-year to $1.13; the TTM value through Dec 2025 reached $1.13, up 9.41%, while the annual FY2025 figure was $1.13, 9.41% up from the prior year.
  • Debt to Equity reached $1.13 in Q4 2025 per NOG's latest filing, up from $1.05 in the prior quarter.
  • Across five years, Debt to Equity topped out at $9.47 in Q2 2022 and bottomed at -$42.42 in Q1 2022.
  • Average Debt to Equity over 5 years is -$1.31, with a median of $1.02 recorded in 2024.
  • The widest YoY moves for Debt to Equity: up 298.54% in 2022, down 837.46% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $4.36 in 2021, then tumbled by 51.24% to $2.13 in 2022, then crashed by 57.43% to $0.9 in 2023, then increased by 13.82% to $1.03 in 2024, then rose by 9.41% to $1.13 in 2025.
  • Per Business Quant database, its latest 3 readings for Debt to Equity were $1.13 in Q4 2025, $1.05 in Q3 2025, and $0.98 in Q2 2025.