NaaS Technology (NAAS) Debt Ratio (2016 - 2025)

NaaS Technology (NAAS) has 10 years of Debt Ratio data on file, last reported at 1.86 in Q4 2025.

• Debt Ratio for Q4 2025 came in at 1.86, up 47.2% year-over-year; the trailing twelve-month figure through Dec 2025 was 1.86 (up 47.2% YoY), and the FY2025 annual result was 1.84, up 42.97% from the prior year.
• Debt Ratio rose to 1.86 in Q4 2025 per NAAS's latest filing, from 1.2 in the prior quarter.
• Over five years, Debt Ratio peaked at 1.86 in Q4 2025 and troughed at 0.06 in Q3 2024.
• A 5-year average of 0.59 and a median of 0.42 in 2024 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2021 and 2025: Debt Ratio sank 88.85% in 2021, then soared 183.5% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.61 in 2021, then tumbled by 30.86% to 0.42 in 2022, then gained by 10.65% to 0.47 in 2023, then surged by 172.15% to 1.27 in 2024, then surged by 47.2% to 1.86 in 2025.
• Business Quant data shows NAAS's Debt Ratio at 1.86 in Q4 2025, 1.2 in Q2 2025, and 1.27 in Q4 2024.