New Momentum Corp. (NNAX) Debt Ratio (2010 - 2023)
New Momentum (NNAX) posted quarterly Debt Ratio of 1.14 for Q4 2023, down 37.49% year-over-year from 1.82 in Q4 2022, and down 37.49% quarter-over-quarter from 1.82 in Q4 2022.
New Momentum Corp. (NNAX) Debt Ratio (2010 - 2023) Analysis & Trends
New Momentum's Debt Ratio history runs 12 years deep, the most recent figure standing at 1.14 for Q4 2023.
- In Q4 2023, Debt Ratio fell 37.49% year-over-year to 1.14; the TTM figure through Dec 2023 stood at 1.14 (down 37.49% YoY), while the FY2023 annual figure was 1.14, down 37.49% from the prior year.
- Debt Ratio for Q4 2023 stood at 1.14, down from 1.82 in the prior quarter.
- The five-year high for Debt Ratio was 1.82 in Q4 2022, with the low at 0.24 in Q3 2021.
- The 5-year median for Debt Ratio is 0.44 (2021), against an average of 0.77.
- The sharpest annual moves came in 2020 and 2023: Debt Ratio sank 63.2% in 2020, then slumped 37.49% in 2023.
- New Momentum's Debt Ratio stood at 1.07 in 2019, then sank by 63.2% to 0.39 in 2020, then sank by 39.3% to 0.24 in 2021, then soared by 661.05% to 1.82 in 2022, then plunged by 37.49% to 1.14 in 2023.
- Business Quant data shows NNAX's Debt Ratio at 1.14 in Q4 2023, 1.82 in Q4 2022, and 0.24 in Q3 2021.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.14 |
| Dec 31, 2022 | 1.82 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.44 |
| Mar 31, 2021 | 0.32 |
| Dec 31, 2020 | 0.39 |
| Dec 31, 2019 | 1.07 |
| Jun 30, 2016 | 0.28 |
| Mar 31, 2016 | 0.28 |
| Dec 31, 2015 | 0.21 |
| Sep 30, 2014 | 1,619.00 |
| Jun 30, 2014 | 894.03 |
| Dec 31, 2013 | 833.48 |
| Sep 30, 2013 | 663.13 |
| Jun 30, 2013 | 811.83 |
| Mar 31, 2013 | 783.87 |
| Dec 31, 2012 | 618.91 |
| Sep 30, 2012 | 597.05 |
| Jun 30, 2012 | 381.05 |
| Mar 31, 2012 | 367.50 |