Lichen International (LICN) Debt Ratio (2021 - 2023)

Lichen International (LICN) reported Debt Ratio of 0.02 for Q4 2023, down 47.2% year-over-year from 0.05 in Q4 2022, and up 226.49% quarter-over-quarter from 0.02 in Q2 2023.

Lichen International (LICN) Debt Ratio (2021 - 2023) Analysis & Trends

Lichen International (LICN) has 3 years of Debt Ratio data on file, last reported at 0.02 in Q4 2023.

  • Debt Ratio for Q4 2023 came in at 0.02, down 47.2% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.02 (down 47.2% YoY), and the FY2023 annual result was 0.02, down 47.2% from the prior year.
  • Debt Ratio climbed to 0.02 in Q4 2023 per LICN's latest filing, from 0.02 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.05 in Q4 2022 and troughed at 0.02 in Q2 2023.
  • A 3-year average of 0.01 and a median of 0.02 in 2021 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio surged 471.46% in 2022, then plunged 47.2% in 2023.
  • A 3-year view of Debt Ratio shows it stood at 0.01 in 2021, then soared by 471.46% to 0.05 in 2022, then slumped by 47.2% to 0.02 in 2023.
  • Business Quant data shows LICN's Debt Ratio at 0.02 in Q4 2023, 0.02 in Q2 2023, and 0.05 in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 0.26
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn -
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 0.21
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 0.12
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 0.34
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 0.44
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 0.35
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn -
10 Lichen International 14.53 Mn -12.39 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.02
Jun 30, 2023 -0.02
Dec 31, 2022 0.05
Dec 31, 2021 0.01