Northann (NCL) Notes Payables (2022 - 2025)

Northann's (NCL) quarterly Notes Payables came in at $689172.0 in Q3 2025, down 64.36% year-on-year from $1.9 million in Q3 2024, and down 20.15% quarter-over-quarter from $863083.0 in Q2 2025.

Northann (NCL) Notes Payables (2022 - 2025) Analysis & Trends

Northann's Notes Payables history runs 4 years deep, the most recent figure standing at $689172.0 for Q3 2025.

  • On a quarterly basis, Notes Payables fell 64.36% year-over-year to $689172.0 in Q3 2025; TTM through Sep 2025 was $689172.0, a 64.36% decrease from a year earlier, with the FY2024 full-year figure at $1.4 million, down 75.11% from the prior year.
  • Notes Payables declined to $689172.0 in Q3 2025 per NCL's latest filing, from $863083.0 in the prior quarter.
  • Across five years, Notes Payables topped out at $5.7 million in Q4 2023 and bottomed at $184060.0 in Q4 2022.
  • The 4-year median for Notes Payables is $1.4 million (2024), against an average of $2.3 million.
  • Across the five-year window, Notes Payables jumped 2991.23% in 2023 and tumbled 80.7% in 2025, its largest moves.
  • Year by year, Notes Payables stood at $184060.0 in 2022, then soared by 2991.23% to $5.7 million in 2023, then tumbled by 75.11% to $1.4 million in 2024, then sank by 51.34% to $689172.0 in 2025.
  • Per Business Quant, the three latest NCL Notes Payables figures stand at $689172.0 (Q3 2025), $863083.0 (Q2 2025), and $4.8 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SharkNinja 20.70 Bn 20.19 Bn 694.97 Mn
2 Somnigroup International 14.48 Bn 14.38 Bn 776.90 Mn
3 Mohawk Industries 6.76 Bn 5.89 Bn 641.90 Mn
4 Alliance Laundry Holdings 4.98 Bn 4.85 Bn 157.19 Mn
5 Hni 2.92 Bn 2.84 Bn 499.90 Mn
6 Whirlpool 2.13 Bn 1.49 Bn 415.00 Mn
7 Interface 1.90 Bn 1.83 Bn 126.72 Mn
8 La-Z-Boy 1.57 Bn 1.28 Bn 262.76 Mn
9 Millerknoll 1.46 Bn 1.36 Bn 395.60 Mn
10 Northann 399,999.99 160,358.99 -494,653.00

Historic Data

Download Data
DateValue
Sep 30, 2025 689,172.00
Jun 30, 2025 863,083.00
Mar 31, 2025 4.78 Mn
Dec 31, 2024 1.42 Mn
Sep 30, 2024 1.93 Mn
Jun 30, 2024 4.47 Mn
Mar 31, 2024 1.39 Mn
Dec 31, 2023 5.69 Mn
Sep 30, 2023 1.16 Mn
Dec 31, 2022 184,060.00