Namliong SkyCosmos (Namliong SkyCosmos) Debt-to-Equity : -0.02 (As of Mar. 2024)

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What is Namliong SkyCosmos Debt-to-Equity?

Namliong SkyCosmos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.03 Mil. Namliong SkyCosmos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Namliong SkyCosmos's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-1.93 Mil. Namliong SkyCosmos's debt to equity for the quarter that ended in Mar. 2024 was -0.02.

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 Namliong SkyCosmos's Debt-to-Equity or its related term are showing as below:

NLSC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.71 Med: -0.02 Max: -0.02
Current: -0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Namliong SkyCosmos was -0.02. The lowest was -1.71. And the median was -0.02.

NLSC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs NLSC: -0.02

Namliong SkyCosmos Debt-to-Equity Historical Data

The historical data trend for Namliong SkyCosmos'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.

Namliong SkyCosmos Debt-to-Equity Chart

Namliong SkyCosmos Annual Data

Trend

Sep06

Dec07

Dec08

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.02

Namliong SkyCosmos Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-0.02	-0.02	-0.02	-0.02

Competitive Comparison of Namliong SkyCosmos's Debt-to-Equity

For the Shell Companies subindustry, Namliong SkyCosmos'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.

Namliong SkyCosmos's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Namliong SkyCosmos's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Namliong SkyCosmos's Debt-to-Equity falls into.

Namliong SkyCosmos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Namliong SkyCosmos'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
	=	(0.032	+	0)	/	-1.81
	=	-0.02

Namliong SkyCosmos's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.032	+	0)	/	-1.932
	=	-0.02

Namliong SkyCosmos (OTCPK:NLSC) 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.

Namliong SkyCosmos Debt-to-Equity Related Terms

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Namliong SkyCosmos (Namliong SkyCosmos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Namliong SkyCosmos Inc (OTCPK:NLSC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 357, Ren’ai Street, Yongkang District, Tainan City, TWN, 71072

Website

http://www.namliong-group.com

Namliong SkyCosmos Inc is a shell company.

Executives

Cheng-hsing Hsu	director, 10 percent owner, officer: Chief Financial Officer	NO. 97, YUNONG 3 ST.,, EASTERN DIST., TAINAN F5 701
Chung-pin Hsiao	director, officer: Chief Executive Officer	C/O KREIDO BIOFUELS, UNIT 1010-15,10F, TOWER B, 14 SCIENCE MUSEUM ROAD, TSIM SHA TSUI EAST K3 84109
Yu-chiao Hsiao	director, officer: Secretary	C/O KREIDO BIOFUELS, UNIT 1010-15,10F, TOWER B, 14 SCIENCE MUSEUM ROAD, TSIM SHA TSUI EAST K3 84109
Orient Express & Co., Ltd.	10 percent owner	PO BOX 217, OFFSHORE CHAMBERS, APIA Y0 00000
Wai Lim Wong	director, officer: CEO, CFO and Secretary	22A-3 JELON METRO PUDU, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Chun Ju Dou	10 percent owner	FLAT F, 11/F, POWER INDUSTRIAL BUILDING, 9-15 WO HEUNG ST., FO TAN, SHA TIN K3 00000
Chao Zhang	10 percent owner	FLAT F, 11/F, POWER INDUSTRIAL BUILDING, 9-15 WO HEUNG ST., FO TAN, SHA TIN K3 00000

Namliong SkyCosmos (Namliong SkyCosmos) Headlines

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