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

New Momentum (NNAX) has 9 years of Debt Ratio data on record, last reported at 1.14 in Q4 2023.

  • For Q4 2023, Debt Ratio fell 37.49% year-over-year to 1.14; the TTM value through Dec 2023 reached 1.14, down 37.49%, while the annual FY2023 figure was 1.14, 37.49% down from the prior year.
  • Debt Ratio reached 1.14 in Q4 2023 per NNAX's latest filing, down from 1.82 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.82 in Q4 2022 and bottomed at 0.24 in Q3 2021.
  • Average Debt Ratio over 5 years is 0.77, with a median of 0.44 recorded in 2021.
  • Peak YoY movement for Debt Ratio: crashed 63.2% in 2020, then crashed 37.49% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 1.07 in 2019, then plummeted by 63.2% to 0.39 in 2020, then tumbled by 39.3% to 0.24 in 2021, then skyrocketed by 661.05% to 1.82 in 2022, then plummeted by 37.49% to 1.14 in 2023.
  • Per Business Quant database, its latest 3 readings for Debt Ratio were 1.14 in Q4 2023, 1.82 in Q4 2022, and 0.24 in Q3 2021.