NorthEast Community Bancorp NECB
NASDAQ NECB
$26.34 +0.31 (+1.19%)
At close: Oct 1, 2026 · 4:00 PM EDT

NorthEast Community Bancorp (NECB) Debt Ratio (2020 - 2023)

Updated

NorthEast Community Bancorp's Debt Ratio came in at 0.01 for Q2 2023, down 49.6% from 0.02 a year earlier and down 7.0% from the prior quarter.

Analysis

NorthEast Community Bancorp (NECB) Debt Ratio (2020 - 2023) Analysis & Trends

Going back to Q4 2020, NorthEast Community Bancorp's Debt Ratio data covers 11 quarters.

  • Going back by year, Debt Ratio was 0.02 in FY2021 (-21.0%) and 0.03 in FY2020.
  • The Q2 2023 figure represents the lowest quarterly Debt Ratio in data going back to Q4 2020.
  • Year-over-year, Debt Ratio has declined for seven consecutive quarters, with an average decline of 37.4% over the last seven quarters.
  • Business Quant data shows NECB's Debt Ratio at 0.01 (Q1 2023), 0.01 (Q4 2022) and 0.02 (Q3 2022) in the three quarters before Q2 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn - 0.01
2 Banco Santander Chile 418.48 Bn 538.42 Bn - 0.05
3 Bank Of America 381.92 Bn -1,994.15 Bn - 0.02
4 Hsbc Holdings 341.10 Bn 341.15 Bn - -
5 Morgan Stanley 295.71 Bn -213.38 Bn - 0.02
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn - 0.22
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn 0.04
8 Goldman Sachs 262.78 Bn -3,294.34 Bn - 0.21
9 Wells Fargo & Company 242.61 Bn 244.75 Bn - 0.01
10 NorthEast Community Bancorp 358.48 Mn -43.51 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.01
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.02
Sep 30, 2021 0.03
Jun 30, 2021 0.03
Mar 31, 2021 0.03
Dec 31, 2020 0.03
API Access

NorthEast Community Bancorp Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=NECB&period=max&api_key=YOUR_API_KEY