NewHydrogen (NEWH) Debt to Equity (2013 - 2021)
NewHydrogen (NEWH) reported Debt to Equity of $0.01 for Q2 2021, up 101.3% on a YoY basis from $0.0 in Q2 2020, and down 89.47% quarter-over-quarter from $0.09 in Q1 2021.
NewHydrogen (NEWH) Debt to Equity (2013 - 2021) Analysis & Trends
NewHydrogen has reported Debt to Equity for 9 years, with the latest figure at $0.01 in Q2 2021.
- For the quarter ending Q2 2021, Debt to Equity rose 101.3% year-over-year to $0.01; the trailing twelve-month figure through Jun 2021 stood at $0.01 (up 101.3% YoY), and the FY2020 full-year result was -$0.98, down 33.96% from the prior year.
- Debt to Equity for Q2 2021 stood at $0.01, down from $0.09 in the prior quarter.
- The five-year high for Debt to Equity was $0.09 in Q1 2021, with the low at -$0.98 in Q4 2020.
- Historically, Debt to Equity has averaged -$0.7 across 5 years, with a median of -$0.75 in 2019.
- Annual changes were most pronounced in 2017 — Debt to Equity tumbled 7674.34% — and 2021, when it surged 110.98%.
- NewHydrogen's Debt to Equity stood at -$0.68 in 2017, then retreated by 20.6% to -$0.83 in 2018, then rose by 11.55% to -$0.73 in 2019, then plunged by 33.96% to -$0.98 in 2020, then surged by 100.97% to $0.01 in 2021.
- The last three Debt to Equity figures came in at $0.01 (Q2 2021), $0.09 (Q1 2021), and -$0.98 (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.19 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.07 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.66 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.51 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.66 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 2.83 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.20 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 1.03 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.44 |
| 10 | NewHydrogen | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.09 |
| Dec 31, 2020 | -0.98 |
| Sep 30, 2020 | -0.88 |
| Jun 30, 2020 | -0.73 |
| Mar 31, 2020 | -0.82 |
| Dec 31, 2019 | -0.73 |
| Sep 30, 2019 | -0.77 |
| Jun 30, 2019 | -0.77 |
| Mar 31, 2019 | -0.77 |
| Dec 31, 2018 | -0.83 |
| Sep 30, 2018 | -0.90 |
| Jun 30, 2018 | -0.93 |
| Mar 31, 2018 | -0.68 |
| Dec 31, 2017 | -0.68 |
| Sep 30, 2017 | -0.73 |
| Jun 30, 2017 | -0.73 |
| Mar 31, 2017 | -0.72 |
| Dec 31, 2016 | -0.76 |
| Sep 30, 2016 | -0.01 |