Northann (NCL) Debt Ratio (2022 - 2026)

Northann's (NCL) quarterly Debt Ratio came in at 0.14 in Q1 2026, up 1590.79% year-on-year from 0.01 in Q1 2025, and down 32.82% quarter-over-quarter from 0.21 in Q4 2025.

Northann (NCL) Debt Ratio (2022 - 2026) Analysis & Trends

Northann's Debt Ratio history runs 5 years deep, the most recent figure standing at 0.14 for Q1 2026.

  • On a quarterly basis, Debt Ratio rose 1590.79% year-over-year to 0.14 in Q1 2026; TTM through Mar 2026 was 0.14, a 1590.79% increase from a year earlier, with the FY2025 full-year figure at 0.21, down 40.05% from the prior year.
  • Debt Ratio eased to 0.14 in Q1 2026 per NCL's latest filing, from 0.21 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.35 in Q4 2024 and bottomed at 0.01 in Q3 2024.
  • The 5-year median for Debt Ratio is 0.08 (2026), against an average of 0.12.
  • Across the five-year window, Debt Ratio surged 3700.06% in 2024 and sank 40.05% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.01 in 2022, then decreased by 1.14% to 0.01 in 2023, then jumped by 3700.06% to 0.35 in 2024, then tumbled by 40.05% to 0.21 in 2025, then slumped by 32.82% to 0.14 in 2026.
  • Per Business Quant, the three latest NCL Debt Ratio figures stand at 0.14 (Q1 2026), 0.21 (Q4 2025), and 0.28 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 SharkNinja 21.56 Bn 21.05 Bn 694.97 Mn 0.14
2 Somnigroup International 15.57 Bn 15.46 Bn 776.90 Mn 0.39
3 Mohawk Industries 7.14 Bn 6.27 Bn 641.90 Mn 0.15
4 Alliance Laundry Holdings 5.08 Bn 4.95 Bn 157.19 Mn 0.48
5 Hni 3.09 Bn 3.01 Bn 499.90 Mn 0.31
6 Whirlpool 2.27 Bn 1.65 Bn 415.00 Mn 0.38
7 Interface 1.95 Bn 1.89 Bn 126.72 Mn 0.17
8 La-Z-Boy 1.66 Bn 1.36 Bn 262.76 Mn -
9 Leggett & Platt 1.55 Bn 1.04 Bn 170.70 Mn 0.43
10 Northann 399,999.99 160,358.99 -494,653.00 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.21
Sep 30, 2025 0.28
Jun 30, 2025 0.17
Mar 31, 2025 0.01
Dec 31, 2024 0.35
Sep 30, 2024 0.01
Jun 30, 2024 0.22
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Dec 31, 2022 0.01