Nextnav (NN) Debt Ratio (2020 - 2023)

Nextnav (NN) has disclosed Debt Ratio for 4 consecutive years, with 0.27 as the latest value for Q3 2023.

  • For the quarter ending Q3 2023, Debt Ratio changed N/A year-over-year to 0.27, compared with a TTM value of 0.27 through Sep 2023, changed N/A, and an annual FY2022 reading of 0.01, up 30.43% over the prior year.
  • Debt Ratio was 0.27 for Q3 2023 at Nextnav, up from 0.21 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.31 in Q4 2020 and bottomed at 0.01 in Q4 2021.
  • Average Debt Ratio over 4 years is 0.36, with a median of 0.21 recorded in 2023.
  • The sharpest move saw Debt Ratio tumbled 99.27% in 2021, then surged 30.43% in 2022.
  • Year by year, Debt Ratio stood at 1.31 in 2020, then plummeted by 99.27% to 0.01 in 2021, then skyrocketed by 30.43% to 0.01 in 2022, then surged by 2075.48% to 0.27 in 2023.
  • Business Quant data shows Debt Ratio for NN at 0.27 in Q3 2023, 0.21 in Q2 2023, and 0.01 in Q4 2022.