Nexxen International (NEXN) Debt Ratio (2022 - 2024)
Nexxen International (NEXN) posted quarterly Debt Ratio of 0.12 for Q1 2024, little changed year-over-year from 0.12 in Q2 2023, and up 5.08% quarter-over-quarter from 0.11 in Q4 2023.
Nexxen International (NEXN) Debt Ratio (2022 - 2024) Analysis & Trends
Nexxen International (NEXN) has reported Debt Ratio for 3 consecutive years, with 0.12 the latest figure, recorded in Q1 2024.
- In Q1 2024, Debt Ratio changed 0.24% year-over-year to 0.12; the TTM figure through Mar 2024 stood at 0.12 (changed 0.24% YoY), while the FY2023 annual figure was 0.11, up 6.24% from the prior year.
- Debt Ratio improved to 0.12 in Q1 2024 per NEXN's latest filing, from 0.11 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.12 in Q1 2023 and bottomed at 0.1 in Q3 2022.
- Historically, Debt Ratio has averaged 0.11 across 3 years, with a median of 0.11 in 2023.
- Annual changes were most pronounced in 2023 — Debt Ratio climbed 12.4% — and 2024, when it declined 0.24%.
- Nexxen International's Debt Ratio stood at 0.1 in 2022, then rose by 6.24% to 0.11 in 2023, then grew by 5.08% to 0.12 in 2024.
- Business Quant data shows NEXN's Debt Ratio at 0.12 in Q1 2024, 0.11 in Q4 2023, and 0.11 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 102.00 Bn | 98.95 Bn | 1.70 Bn | 0.43 |
| 2 | Omnicom | 24.56 Bn | 21.23 Bn | 1.30 Bn | 0.20 |
| 3 | Trade Desk | 6.19 Bn | 4.71 Bn | 530.72 Mn | - |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.38 Bn | 3.04 Bn | 130.79 Mn | 0.12 |
| 6 | Stagwell | 2.15 Bn | 2.04 Bn | 269.24 Mn | 0.35 |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | - |
| 8 | Ziff Davis | 2.03 Bn | 422.51 Mn | 241.03 Mn | 0.25 |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn | 1.36 |
| 10 | Nexxen International | 607.33 Mn | 474.02 Mn | 81.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.10 |