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NISN (NiSun International Enterprise Development Group Co) Debt-to-Equity : 0.03 (As of Jun. 2024)


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What is NiSun International Enterprise Development Group Co Debt-to-Equity?

NiSun International Enterprise Development Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.7 Mil. NiSun International Enterprise Development Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1.4 Mil. NiSun International Enterprise Development Group Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $204.6 Mil. NiSun International Enterprise Development Group Co's debt to equity for the quarter that ended in Jun. 2024 was 0.03.

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 NiSun International Enterprise Development Group Co's Debt-to-Equity or its related term are showing as below:

NISN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.16
Current: 0.03

During the past 11 years, the highest Debt-to-Equity Ratio of NiSun International Enterprise Development Group Co was 0.16. The lowest was 0.01. And the median was 0.05.

NISN's Debt-to-Equity is ranked better than
91.79% of 913 companies
in the Business Services industry
Industry Median: 0.36 vs NISN: 0.03

NiSun International Enterprise Development Group Co Debt-to-Equity Historical Data

The historical data trend for NiSun International Enterprise Development Group Co'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.

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NiSun International Enterprise Development Group Co Debt-to-Equity Chart

NiSun International Enterprise Development Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.16 0.07 0.06 0.02

NiSun International Enterprise Development Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.06 0.02 0.02 0.03

Competitive Comparison of NiSun International Enterprise Development Group Co's Debt-to-Equity

For the Specialty Business Services subindustry, NiSun International Enterprise Development Group Co'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.


NiSun International Enterprise Development Group Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NiSun International Enterprise Development Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NiSun International Enterprise Development Group Co's Debt-to-Equity falls into.


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NiSun International Enterprise Development Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NiSun International Enterprise Development Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

NiSun International Enterprise Development Group Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


NiSun International Enterprise Development Group Co  (NAS:NISN) 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.


NiSun International Enterprise Development Group Co Debt-to-Equity Related Terms

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NiSun International Enterprise Development Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Loushanguan Road, Floor 20-21, New Hongqiao Building, Changning District, Shanghai, CHN
NiSun International Enterprise Development Group Co Ltd is a provider of supply chain solutions and integrated financial services. Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, it is engaged in delivering supply chain solutions, and supply chain trading services to its customers across different industries. The company also provides financial solutions to small and mid-sized enterprises within the supply chain ecosystem. Using its fintech platforms, it provides various financing options, including supply chain financing, trade financing, and receivables financing. Geographically, its operations are predominantly focused on markets within the People's Republic of China.
Executives
Apex Trading Group Inc 10 percent owner 181 SPADINA RD., RICHMOND HILL A6 L4B3C5