NICE Information Service Co (XKRX:030190) Debt-to-Equity : 0.12 (As of Sep. 2024)

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What is NICE Information Service Co Debt-to-Equity?

NICE Information Service Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩32,779 Mil. NICE Information Service Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩15,383 Mil. NICE Information Service Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩392,102 Mil. NICE Information Service Co's debt to equity for the quarter that ended in Sep. 2024 was 0.12.

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 NICE Information Service Co's Debt-to-Equity or its related term are showing as below:

XKRX:030190' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.12
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of NICE Information Service Co was 0.12. The lowest was 0.00. And the median was 0.07.

XKRX:030190's Debt-to-Equity is ranked better than
82.54% of 441 companies
in the Credit Services industry
Industry Median: 1.1 vs XKRX:030190: 0.12

NICE Information Service Co Debt-to-Equity Historical Data

The historical data trend for NICE Information Service 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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NICE Information Service Co Debt-to-Equity Chart

NICE Information Service Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.08

0.07

NICE Information Service Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															0.06	0.07	0.06	0.06	0.12

Competitive Comparison of NICE Information Service Co's Debt-to-Equity

For the Credit Services subindustry, NICE Information Service 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.

NICE Information Service Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, NICE Information Service Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NICE Information Service Co's Debt-to-Equity falls into.

NICE Information Service Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NICE Information Service 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
	=	(9962.074	+	15213.862)	/	369599.776
	=	0.07

NICE Information Service Co'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
	=	(32779.33	+	15382.721)	/	392102.322
	=	0.12

NICE Information Service Co (XKRX:030190) 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.

NICE Information Service Co Debt-to-Equity Related Terms

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NICE Information Service Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » NICE Information Service Co Ltd (XKRX:030190) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14-33, Yeouido-Dong, Yeongdeungpo-gu, Seoul, KOR, 150-010

Website

http://www.nice.co.kr

NICE Information Service Co Ltd is engaged in providing credit information services. The company operates in three business segments: Credit Information business segment is engaged in providing corporate rating, individual rating, corporate information, asset management and bond evaluation services; Financial Service business segment is engaged in providing ATM and CD VAN, credit card settlement, tax accounting, and cash management services; and Manufacturing business segment is engaged in manufacturing electronic components, mobile phone battery, touch panel, touch sensor and others. All the business activity of the group is functioned through Japan.

NICE Information Service Co Headlines

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