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New Momentum (NNAX) Debt Ratio (2016 - 2023)

New Momentum has reported Debt Ratio over the past 10 years, most recently at 1.14 for 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 for Q4 2023 was 1.14 at New Momentum, down from 1.82 in the prior quarter.
  • Over five years, Debt Ratio peaked at 1.82 in Q4 2022 and troughed at 0.24 in Q3 2021.
  • A 5-year average of 0.77 and a median of 0.44 in 2021 define the central range for Debt Ratio.
  • Biggest five-year swings in Debt Ratio: crashed 63.2% in 2020 and later crashed 37.49% in 2023.
  • Year by year, Debt Ratio stood at 1.07 in 2019, then crashed by 63.2% to 0.39 in 2020, then plummeted by 39.3% to 0.24 in 2021, then soared by 661.05% to 1.82 in 2022, then crashed by 37.49% to 1.14 in 2023.
  • Business Quant data shows Debt Ratio for NNAX at 1.14 in Q4 2023, 1.82 in Q4 2022, and 0.24 in Q3 2021.