NICO Holdings (MSW:NICO) Debt-to-Equity : 0.00 (As of . 20)

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What is NICO Holdings Debt-to-Equity?

NICO Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was MWK0.00 Mil. NICO Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was MWK0.00 Mil. NICO Holdings's Total Stockholders Equity for the quarter that ended in . 20 was MWK0.00 Mil.

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 NICO Holdings's Debt-to-Equity or its related term are showing as below:

MSW:NICO's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.23
* Ranked among companies with meaningful Debt-to-Equity only.

NICO Holdings Debt-to-Equity Historical Data

The historical data trend for NICO Holdings'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.

NICO Holdings Debt-to-Equity Chart

NICO Holdings Annual Data

Trend

Debt-to-Equity

NICO Holdings Semi-Annual Data

Debt-to-Equity

Competitive Comparison of NICO Holdings's Debt-to-Equity

For the Insurance - Diversified subindustry, NICO Holdings'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.

NICO Holdings's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NICO Holdings's Debt-to-Equity distribution charts can be found below:

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

NICO Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NICO Holdings's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

NICO Holdings's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

NICO Holdings (MSW:NICO) 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.

NICO Holdings Debt-to-Equity Related Terms

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

NICO Holdings (MSW:NICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI

Website

https://www.nicomw.com

NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.

NICO Holdings (MSW:NICO) Headlines

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