Growth Metrics

Northann (NCL) Debt to Equity (2022 - 2026)

Northann's quarterly Debt to Equity came in at $0.23 in Q1 2026, up 569.06% year-on-year from $0.04 in Q1 2025, and down 50.58% quarter-over-quarter from $0.47 in Q4 2025.

Northann has reported Debt to Equity for 5 years, with the latest figure at $0.23 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 569.06% year-over-year to $0.23; the trailing twelve-month figure through Mar 2026 stood at $0.23 (up 569.06% YoY), and the FY2025 full-year result was $0.47, down 74.52% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.23, down from $0.47 in the prior quarter.
  • The five-year high for Debt to Equity was $2.95 in Q2 2024, with the low at -$0.07 in Q3 2023.
  • Average Debt to Equity over 5 years is $0.75, with a median of $0.22 recorded in 2023.
  • Peak annual rise in Debt to Equity reached 2526.41% in 2025, while the deepest fall reached 81.79% in 2025.
  • Tracing NCL's Debt to Equity over 5 years: stood at $0.07 in 2022, then soared by 216.54% to $0.21 in 2023, then soared by 767.87% to $1.86 in 2024, then plunged by 74.52% to $0.47 in 2025, then plunged by 50.58% to $0.23 in 2026.
  • The last three Debt to Equity figures came in at $0.23 (Q1 2026), $0.47 (Q4 2025), and $2.28 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 SharkNinja 15.77 Bn 15.77 Bn 694.97 Mn 0.26
2 Somnigroup International 14.16 Bn 14.05 Bn 776.90 Mn 1.45
3 Mohawk Industries 6.27 Bn 5.40 Bn 641.90 Mn 0.25
4 Patrick Industries 2.94 Bn 2.91 Bn 226.86 Mn 1.17
5 Whirlpool 2.57 Bn 1.93 Bn 415.00 Mn 1.62
6 Hni 2.21 Bn 2.13 Bn 499.90 Mn 0.81
7 Interface 1.69 Bn 1.63 Bn 126.72 Mn 0.31
8 La-Z-Boy 1.51 Bn 1.22 Bn 233.51 Mn -
9 Leggett & Platt 1.40 Bn 885.79 Mn 170.70 Mn 1.44
10 Northann - - -494,653.00 0.23

Historic Data

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DateValue
Mar 31, 2026 0.23
Dec 31, 2025 0.47
Sep 30, 2025 2.28
Jun 30, 2025 0.65
Mar 31, 2025 0.04
Dec 31, 2024 1.86
Sep 30, 2024 0.09
Jun 30, 2024 2.95
Mar 31, 2024 0.19
Dec 31, 2023 0.21
Sep 30, 2023 -0.07
Dec 31, 2022 0.07