NewHydrogen (NEWH) Debt Ratio (2013 - 2021)
NewHydrogen (NEWH) reported Debt Ratio of 0.01 for Q2 2021, down 99.99% on a YoY basis from 78.43 in Q2 2020, and down 88.52% quarter-over-quarter from 0.08 in Q1 2021.
NewHydrogen (NEWH) Debt Ratio (2013 - 2021) Analysis & Trends
NewHydrogen has reported Debt Ratio for 9 years, with the latest figure at 0.01 in Q2 2021.
- For the quarter ending Q2 2021, Debt Ratio fell 99.99% year-over-year to 0.01; the trailing twelve-month figure through Jun 2021 stood at 0.01 (down 99.99% YoY), and the FY2020 full-year result was 957.86, up 1320.92% from the prior year.
- Debt Ratio for Q2 2021 stood at 0.01, down from 0.08 in the prior quarter.
- The five-year high for Debt Ratio was 957.86 in Q4 2020, with the low at 0.01 in Q2 2021.
- Historically, Debt Ratio has averaged 115.41 across 5 years, with a median of 72.46 in 2019.
- Annual changes were most pronounced in 2017 — Debt Ratio soared 10725.56% — and 2021, when it slumped 99.99%.
- NewHydrogen's Debt Ratio stood at 23.92 in 2017, then jumped by 282.8% to 91.57 in 2018, then fell by 26.38% to 67.41 in 2019, then surged by 1320.92% to 957.86 in 2020, then plunged by 100.0% to 0.01 in 2021.
- The last three Debt Ratio figures came in at 0.01 (Q2 2021), 0.08 (Q1 2021), and 957.86 (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.04 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 0.38 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.31 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.20 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.32 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 0.56 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.13 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 0.33 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.24 |
| 10 | NewHydrogen | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.08 |
| Dec 31, 2020 | 957.86 |
| Sep 30, 2020 | 166.53 |
| Jun 30, 2020 | 78.43 |
| Mar 31, 2020 | 116.84 |
| Dec 31, 2019 | 67.41 |
| Sep 30, 2019 | 74.82 |
| Jun 30, 2019 | 71.73 |
| Mar 31, 2019 | 73.18 |
| Dec 31, 2018 | 91.57 |
| Sep 30, 2018 | 116.40 |
| Jun 30, 2018 | 153.66 |
| Mar 31, 2018 | 23.34 |
| Dec 31, 2017 | 23.92 |
| Sep 30, 2017 | 26.97 |
| Jun 30, 2017 | 18.57 |
| Mar 31, 2017 | 16.09 |
| Dec 31, 2016 | 15.89 |
| Sep 30, 2016 | 0.25 |