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LICN (Lichen International) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Lichen International Debt-to-Equity?

Lichen International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.07 Mil. Lichen International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.01 Mil. Lichen International's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $69.78 Mil. Lichen International's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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 Lichen International's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of Lichen International was 0.01. The lowest was 0.00. And the median was 0.01.

LICN's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Lichen International Debt-to-Equity Historical Data

The historical data trend for Lichen International'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.

Lichen International Debt-to-Equity Chart

Lichen International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.01 0.01 0.01 -

Lichen International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial - 0.01 - - -

Competitive Comparison of Lichen International's Debt-to-Equity

For the Specialty Business Services subindustry, Lichen International'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.

Lichen International's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lichen International's Debt-to-Equity falls into.


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Lichen International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lichen International'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
=(0.095 + 0.034) / 61.42
=0.00

Lichen International's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(0.074 + 0.008) / 69.782
=0.00

* 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.

Lichen International  (NAS:LICN) 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.

Lichen International Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Lichen International's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Lichen International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lichen International Ltd (NAS:LICN) » Definitions » Debt-to-Equity
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Xingang Square, Hubin North Road, 15th Floor, Siming District, Fujian Province, Xiamen, CHN, 361013
Website
https://www.lichenzx.com
Lichen International Ltd formerly Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.