Northann (NCL) Equity Ratio (2022 - 2026)

Northann's Equity Ratio history runs 5 years deep, the most recent figure standing at 0.6 for Q1 2026.

• In Q1 2026, Equity Ratio rose 152.71% year-over-year to 0.6; the TTM figure through Mar 2026 stood at 0.6 (up 152.71% YoY), while the FY2025 annual figure was 0.44, up 135.3% from the prior year.
• Equity Ratio was 0.6 for Q1 2026 at Northann, up from 0.44 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.6 in Q1 2026 to a low of 0.12 in Q3 2023.
• Historically, Equity Ratio has averaged 0.18 across 5 years, with a median of 0.13 in 2025.
• The sharpest annual moves came in 2023 and 2025: Equity Ratio sank 68.77% in 2023, then soared 340.46% in 2025.
• A 5-year view of Equity Ratio shows it stood at 0.14 in 2022, then tumbled by 68.77% to 0.04 in 2023, then soared by 337.86% to 0.19 in 2024, then surged by 135.3% to 0.44 in 2025, then soared by 35.95% to 0.6 in 2026.
• The last three Equity Ratio figures came in at 0.6 (Q1 2026), 0.44 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.