Lichen International (LICN) Debt to Equity (2021 - 2023)
Lichen International (LICN) reported Debt to Equity of $0.03 for Q4 2023, down 50.21% year-over-year from $0.05 in Q4 2022, and up 227.98% quarter-over-quarter from -$0.02 in Q2 2023.
Lichen International (LICN) Debt to Equity (2021 - 2023) Analysis & Trends
Lichen International (LICN) has 3 years of Debt to Equity data on file, last reported at $0.03 in Q4 2023.
- Debt to Equity for Q4 2023 came in at $0.03, down 50.21% year-over-year; the trailing twelve-month figure through Dec 2023 was $0.03 (down 50.21% YoY), and the FY2023 annual result was $0.03, down 50.21% from the prior year.
- Debt to Equity advanced to $0.03 in Q4 2023 per LICN's latest filing, from -$0.02 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.05 in Q4 2022 and troughed at -$0.02 in Q2 2023.
- A 3-year average of $0.02 and a median of $0.02 in 2021 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2023: Debt to Equity soared 454.72% in 2022, then sank 50.21% in 2023.
- A 3-year view of Debt to Equity shows it stood at $0.01 in 2021, then soared by 454.72% to $0.05 in 2022, then tumbled by 50.21% to $0.03 in 2023.
- Business Quant data shows LICN's Debt to Equity at $0.03 in Q4 2023, -$0.02 in Q2 2023, and $0.05 in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 0.55 |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 0.45 |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 0.27 |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 0.92 |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 1.86 |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 0.83 |
| 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| Date | Value |
|---|---|
| Dec 31, 2023 | 0.03 |
| Jun 30, 2023 | -0.02 |
| Dec 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.01 |