Nextnav (NN) Debt Ratio (2020 - 2025)
Nextnav's Debt Ratio was 1.11 in Q4 2025, up 228.0% from 0.34 a year earlier and up 26.6% from the prior quarter.
Powered by 
Analysis
Nextnav (NN) Debt Ratio (2020 - 2025) Analysis & Trends
From Q4 2020 onward, Nextnav has reported Debt Ratio for 14 quarters.
- In earlier years, Debt Ratio was 0.34 in FY2024 (+13.0%), 0.30 in FY2023, 0.01 in FY2022 (+30.4%) and 0.01 in FY2021 (-99.3%).
- The Q4 2025 figure marks the highest quarterly Debt Ratio since Q4 2020.
- Compared with a year earlier, Debt Ratio has increased for seven straight quarters, with growth averaging 123.5% over the last seven quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2025 (growth of 228.0%); the worst was Q4 2021 (a decline of 99.3%).
- Per Business Quant data, NN's Debt Ratio in the three quarters before Q4 2025 was 0.87 (Q3 2025), 0.96 (Q2 2025) and 0.79 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 0.22 |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 0.23 |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 0.27 |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | - |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 0.36 |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 0.08 |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 0.08 |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 0.24 |
| 10 | Nextnav | 2.38 Bn | 2.38 Bn | -905,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.96 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.21 |
| Dec 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2020 | 1.31 |
API Access
Nextnav 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=NN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();