KINZU (KINS Technology Group) Debt-to-Equity : 0.50 (As of Sep. 2024)

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What is KINS Technology Group Debt-to-Equity?

KINS Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3.40 Mil. KINS Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3.75 Mil. KINS Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $14.28 Mil. KINS Technology Group's debt to equity for the quarter that ended in Sep. 2024 was 0.50.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for KINS Technology Group's Debt-to-Equity or its related term are showing as below:

KINZU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.5
Current: 0.5

During the past 4 years, the highest Debt-to-Equity Ratio of KINS Technology Group was 0.50. The lowest was 0.01. And the median was 0.05.

KINZU's Debt-to-Equity is ranked worse than
71.39% of 2188 companies
in the Software industry
Industry Median: 0.205 vs KINZU: 0.50

KINS Technology Group Debt-to-Equity Historical Data

The historical data trend for KINS Technology Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KINS Technology Group Debt-to-Equity Chart

KINS Technology Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.03

0.14

KINS Technology Group Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial												0.01	0.14	0.18	0.44	0.50

Competitive Comparison of KINS Technology Group's Debt-to-Equity

For the Software - Application subindustry, KINS Technology Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

KINS Technology Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, KINS Technology Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where KINS Technology Group's Debt-to-Equity falls into.

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KINS Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KINS Technology Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.328	+	0.23)	/	25.398
	=	0.14

KINS Technology Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.397	+	3.747)	/	14.275
	=	0.50

KINS Technology Group (NAS:KINZU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

KINS Technology Group Debt-to-Equity Related Terms

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KINS Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KINS Technology Group Inc (NAS:KINZU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CXAI:USA

Address

Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306

Website

https://www.cxapp.com

CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.

Executives

Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander	other: See Footnote 2	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc	other: See Footnote 2	399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc	other: See Footnote 2	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd.	10 percent owner	MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cubist Systematic Strategies, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Atif Rafiq	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Hassan Ahmed	director	SONUS NETWORKS INC, 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Camillo Martino	director	60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Allen Salmasi	director	C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Khurram P Sheikh	director, 10 percent owner, officer: CEO and CFO	1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Cardinal Venture Holdings Llc	10 percent owner, other: See Remarks	FOUR PALO ALTO SQUARE, 3000 EL CAMINO REAL, PALO ALTO CA 94308
Kins Capital Llc	10 percent owner, other: See Remarks	FOUR PALO ALTO SQUARE, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Eric Zimits	officer: Secretary and CCDO	C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306