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Nepal Insurance Co (XNEP:NICL) Debt-to-Equity : 0.00 (As of Apr. 2024)


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What is Nepal Insurance Co Debt-to-Equity?

Nepal Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was NPR0 Mil. Nepal Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was NPR0 Mil. Nepal Insurance Co's Total Stockholders Equity for the quarter that ended in Apr. 2024 was NPR3,458 Mil. Nepal Insurance Co's debt to equity for the quarter that ended in Apr. 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 Nepal Insurance Co's Debt-to-Equity or its related term are showing as below:

XNEP:NICL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.02
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of Nepal Insurance Co was 0.02. The lowest was 0.02. And the median was 0.02.

XNEP:NICL's Debt-to-Equity is ranked better than
91.28% of 390 companies
in the Insurance industry
Industry Median: 0.2 vs XNEP:NICL: 0.02

Nepal Insurance Co Debt-to-Equity Historical Data

The historical data trend for Nepal Insurance 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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Nepal Insurance Co Debt-to-Equity Chart

Nepal Insurance Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
Get a 7-Day Free Trial N/A - - - 0.02

Nepal Insurance Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - 0.02 - - -

Competitive Comparison of Nepal Insurance Co's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Nepal Insurance 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.


Nepal Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

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

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



Nepal Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nepal Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Nepal Insurance Co's Debt to Equity Ratio for the quarter that ended in Apr. 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.


Nepal Insurance Co  (XNEP:NICL) 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.


Nepal Insurance Co Debt-to-Equity Related Terms

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


Nepal Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Ganeshthan, P.O. Box: 3623, 1st Floor, Ameer Bhawan, Kamaladi, Kathmandu, NPL
Nepal Insurance Co Ltd is a non-life insurance company in Nepal. The company offers motor insurance, property insurance, home insurance, marine insurance, engineering insurance, aviation insurance, agricultural and livestock insurance, and other miscellaneous insurance.

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