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Knowledge Net Co (SAU:9561) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is Knowledge Net Co Debt-to-Equity?

Knowledge Net Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.57 Mil. Knowledge Net Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.52 Mil. Knowledge Net Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼39.51 Mil. Knowledge Net Co's debt to equity for the quarter that ended in Dec. 2023 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 Knowledge Net Co's Debt-to-Equity or its related term are showing as below:

SAU:9561' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.03
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of Knowledge Net Co was 0.03. The lowest was 0.00. And the median was 0.01.

SAU:9561's Debt-to-Equity is ranked better than
86.78% of 2202 companies
in the Software industry
Industry Median: 0.2 vs SAU:9561: 0.03

Knowledge Net Co Debt-to-Equity Historical Data

The historical data trend for Knowledge Net 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.

* Premium members only.

Knowledge Net Co Debt-to-Equity Chart

Knowledge Net Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
0.01 - 0.03

Knowledge Net Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Debt-to-Equity N/A - - 0.03

Competitive Comparison of Knowledge Net Co's Debt-to-Equity

For the Software - Application subindustry, Knowledge Net 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.

Knowledge Net Co's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Knowledge Net Co's Debt-to-Equity falls into.


Knowledge Net Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Knowledge Net Co'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
=(0.572 + 0.523) / 39.509
=0.03

Knowledge Net Co's Debt to Equity Ratio for the quarter 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
=(0.572 + 0.523) / 39.509
=0.03

* 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.

Knowledge Net Co  (SAU:9561) 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.

Knowledge Net Co Debt-to-Equity Related Terms

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

Knowledge Net Co (SAU:9561) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Knowledge Net Co (SAU:9561) » Definitions » Debt-to-Equity
Comparable Companies
SAU:7201 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP SNOW TEAM ADSK TSX:CSU TTD DDOG ANSS FICO HUBS
Traded in Other Exchanges
N/A
Address
2277 Makkah Al Mukarramah, Al Olaya District, Riyadh, SAU, 12611
Website
https://www.kn-it.com
Knowledge Net Co offers software solutions to both incumbent financial services companies and emerging, disruptive Fintech companies. Its software solutions encompass three categories: digitalization, data, and core systems. The digitalization offering consists of a micro-services-based software solution maker, FSI customer onboarding, and a comprehensive e-investment portal for banks and investment companies. Data offering consists of an out-of-the-box, ready data cleansing solution, a data migration platform, and an end-to-end, automated KYC platform. Core systems focus on the investment and financing industry and offer international-standard, core systems for brokerage, custody, clearing, and financing.

Knowledge Net Co (SAU:9561) Headlines

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