New Momentum Corp. (NNAX) Debt Ratio (2010 - 2023)

New Momentum has reported Debt Ratio for 12 years, with the latest figure at 1.14 in Q4 2023.

• On a quarterly basis, Debt Ratio fell 68.75% year-over-year to 1.14 in Q4 2023; TTM through Dec 2023 was 1.14, a 68.75% decrease from a year earlier, with the FY2023 full-year figure at 1.14, down 68.75% from the prior year.
• Debt Ratio was 1.14 for Q4 2023 at New Momentum, down from 2.35 in the prior quarter.
• The five-year high for Debt Ratio was 3.64 in Q4 2022, with the low at 0.24 in Q3 2021.
• Average Debt Ratio over 5 years is 1.2, with a median of 0.76 recorded in 2019.
• The sharpest annual moves came in 2020 and 2023: Debt Ratio sank 63.2% in 2020, then sank 68.75% in 2023.
• Over 5 years, 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 1422.09% to 3.64 in 2022, then sank by 68.75% to 1.14 in 2023.
• The last three Debt Ratio figures came in at 1.14 (Q4 2023), 2.35 (Q3 2023), and 3.64 (Q4 2022), per Business Quant data.