What is the debt of NIC this year?
NIC has a debt level of 0 USD this year.
NIC Debt 2024
NIC Debt
0 USD
Ticker
EGOV
ISIN
US62914B1008
WKN
924381
In 2024, NIC's total debt was 0 USD, a 0% change from the 0 USD total debt recorded in the previous year.
NIC Aktienanalyse
What does NIC do?
NIC Inc. is a US-based company that provides digital solutions for government and public institutions. The company aims to simplify and improve the interaction between government agencies and citizens. It offers a wide range of products and services tailored to the needs of federal, state, and local authorities. NIC Inc. was founded in 1992 by Harry Herington in Olathe, Kansas. It started as an IT service provider and quickly became a leading provider of digital solutions for government agencies. In 1994, NIC Inc. launched its first e-government website for the Kansas State Corporation Commission and rapidly expanded, establishing itself as a key player in the industry. The company's business model revolves around offering digital solutions for government and public institutions. Its products and services cater to the needs of federal, state, and local authorities. NIC Inc.'s solutions encompass a wide range of services including payment processing, government websites, online forms, and electronic signatures. By leveraging advanced technology and its experience in collaborating with government agencies, NIC Inc. has established itself as a leading provider of e-government solutions. Its business model enables agencies to offer their services on a digital platform, allowing for more efficient and effective operations. NIC Inc. organizes its business into three main divisions: e-government services, software, and digital payments. The e-government services division focuses on providing customized solutions for communication between government agencies and citizens, including website development, payment processing, and online forms. The software division offers tailored software solutions for specific agency needs, providing optimal functionality and user-friendliness. The payment division provides a secure, fast, and user-friendly digital payment platform for government agencies, allowing citizens to conveniently make online payments. NIC Inc. offers a wide range of products aimed at simplifying and enhancing the collaboration between government agencies and citizens. One of its key product lines is the development and management of e-government websites specifically designed for government agencies. These websites feature user-friendly functionalities such as online forms and easy payment processing. Another important product offered by NIC Inc. is its digital payment platform, enabling payments for government agencies and institutions. This platform is secure, fast, and provides citizens with a convenient way to make online payments to government agencies. NIC Inc. also offers software solutions specifically tailored to the needs of government agencies. These solutions are optimized for bureaucracy and agency requirements, offering the highest level of user-friendliness and functionality. In conclusion, NIC Inc. is a leading provider of digital solutions for government agencies and public institutions in the United States. Its goal is to simplify and improve the interaction between citizens and government agencies. The company offers a wide range of products and services tailored to the needs of federal, state, and local authorities, including e-government websites, digital payment platforms, and customized software solutions. Through the use of advanced technology and its experience in collaborating with government agencies, NIC Inc. has established itself as one of the leading providers of e-government solutions in the United States. NIC ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding NIC's Debt Structure
NIC's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing NIC's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to NIC’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in NIC’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about NIC stock
What was the debt of NIC compared to the previous year?
The debt of NIC has increased by 0% compared to the previous year dropped.
What are the consequences of high debt for investors in NIC?
High debt can pose a risk for investors of NIC, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of NIC?
Low debt means that NIC has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from NIC affect the company?
An increase in debt of NIC can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of NIC affect the company?
A reduction in debt of NIC can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of NIC?
Some factors that can influence the debt of NIC include investments, acquisitions, operating costs, and revenue development.
Why are the debts of NIC so important for investors?
The debts of NIC are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can NIC take to change the debt?
To change the debt, NIC can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does NIC pay?
Over the past 12 months, NIC paid a dividend of 0.36 USD . This corresponds to a dividend yield of about 1.06 %. For the coming 12 months, NIC is expected to pay a dividend of 0.37 USD.
What is the dividend yield of NIC?
The current dividend yield of NIC is 1.06 %.
When does NIC pay dividends?
NIC pays a quarterly dividend. This is distributed in the months of July, October, January, April.
How secure is the dividend of NIC?
NIC paid dividends every year for the past 18 years.
What is the dividend of NIC?
For the upcoming 12 months, dividends amounting to 0.37 USD are expected. This corresponds to a dividend yield of 1.1 %.
In which sector is NIC located?
NIC is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von NIC kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NIC from 3/17/2021 amounting to 0.09 USD, you needed to have the stock in your portfolio before the ex-date on 3/2/2021.
When did NIC pay the last dividend?
The last dividend was paid out on 3/17/2021.
What was the dividend of NIC in the year 2023?
In the year 2023, NIC distributed 0.386 USD as dividends.
In which currency does NIC pay out the dividend?
The dividends of NIC are distributed in USD.
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Andere Kennzahlen von NIC
Our stock analysis for NIC Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NIC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
