NIP Group Inc (NIPG)
7.07
-0.13
(-1.81%)
USD |
NASDAQ |
Sep 27, 16:00
7.07
0.00 (0.00%)
After-Hours: 20:00
NIP Group Debt to Equity Ratio: -0.1246 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | -0.1246 |
Date | Value |
---|---|
December 31, 2022 | -0.2214 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-0.2214
Minimum
Dec 2022
-0.1246
Maximum
Dec 2023
-0.173
Average
-0.173
Median
Debt to Equity Ratio Benchmarks
Telia Company AB | 1.453 |
Tele2 AB | 1.349 |
Viaplay Group AB | 2.358 |
Storytel AB | 0.00 |
Sinch AB | 0.2194 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 313.84M |
Total Liabilities (Quarterly) | 383.64M |
Shareholders Equity (Quarterly) | -74.80M |
Current Ratio | 1.02 |