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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Northann (NCL) Debt to Equity (2022 - 2025)

Northann's Debt to Equity history spans 4 years, with the latest figure at $0.47 for Q4 2025.

  • Quarterly results put Debt to Equity at $0.47 for Q4 2025, down 74.52% from a year ago — trailing twelve months through Dec 2025 was $0.47 (down 74.52% YoY), and the annual figure for FY2025 was $0.47, down 74.52%.
  • Debt to Equity for Q4 2025 was $0.47 at Northann, down from $2.28 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.95 in Q2 2024 to a low of -$0.07 in Q3 2023.
  • The 4-year median for Debt to Equity is $0.21 (2023), against an average of $0.79.
  • Peak annual rise in Debt to Equity hit 2526.41% in 2025, while the deepest fall reached 81.79% in 2025.
  • Year by year, Debt to Equity stood at $0.07 in 2022, then surged by 216.54% to $0.21 in 2023, then surged by 767.87% to $1.86 in 2024, then tumbled by 74.52% to $0.47 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods came in at $0.47, $2.28, and $0.65 for Q4 2025, Q3 2025, and Q2 2025 respectively.