New Momentum (NNAX) Debt Ratio (2019 - 2023)

New Momentum has reported Debt Ratio over the past 10 years, most recently at 1.14 for Q4 2023.

  • Quarterly results put Debt Ratio at 1.14 for Q4 2023, down 37.49% from a year ago — trailing twelve months through Dec 2023 was 1.14 (down 37.49% YoY), and the annual figure for FY2023 was 1.14, down 37.49%.
  • Debt Ratio for Q4 2023 was 1.14 at New Momentum, down from 1.82 in the prior quarter.
  • Over the last five years, Debt Ratio for NNAX hit a ceiling of 1.82 in Q4 2022 and a floor of 0.24 in Q3 2021.
  • Median Debt Ratio over the past 5 years was 0.44 (2021), compared with a mean of 0.77.
  • Biggest five-year swings in Debt Ratio: tumbled 63.2% in 2020 and later tumbled 37.49% in 2023.
  • New Momentum's Debt Ratio stood at 1.07 in 2019, then tumbled by 63.2% to 0.39 in 2020, then crashed by 39.3% to 0.24 in 2021, then surged by 661.05% to 1.82 in 2022, then tumbled by 37.49% to 1.14 in 2023.
  • The last three reported values for Debt Ratio were 1.14 (Q4 2023), 1.82 (Q4 2022), and 0.24 (Q3 2021) per Business Quant data.