New Momentum (NNAX) Debt to Equity (2010 - 2023)
New Momentum (NNAX) recorded quarterly Debt to Equity of -$0.11 in Q4 2023, up 74.25% quarter-over-quarter from -$0.43 in Q4 2022, and up 74.25% on a YoY basis from -$0.06 in Q4 2022.
New Momentum (NNAX) Debt to Equity (2010 - 2023) Analysis & Trends
New Momentum's Debt to Equity history runs 12 years deep, the most recent figure standing at -$0.11 for Q4 2023.
- In Q4 2023, Debt to Equity rose 74.25% year-over-year to -$0.11; the TTM figure through Dec 2023 stood at -$0.11 (up 74.25% YoY), while the FY2023 annual figure was -$0.11, up 74.25% from the prior year.
- Debt to Equity was -$0.11 for Q4 2023 at New Momentum, up from -$0.43 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of -$0.08 in Q3 2021 to a low of -$0.43 in Q4 2022.
- Historically, Debt to Equity has averaged -$0.2 across 5 years, with a median of -$0.17 in 2021.
- The sharpest annual moves came in 2020 and 2023: Debt to Equity climbed 22.1% in 2020, then soared 74.25% in 2023.
- A 5-year view of Debt to Equity shows it stood at -$0.27 in 2019, then gained by 22.1% to -$0.21 in 2020, then jumped by 60.68% to -$0.08 in 2021, then sank by 429.43% to -$0.43 in 2022, then jumped by 74.25% to -$0.11 in 2023.
- The last three Debt to Equity figures came in at -$0.11 (Q4 2023), -$0.43 (Q4 2022), and -$0.08 (Q3 2021), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 130.26 Bn | 114.24 Bn | 3.46 Bn | -2.11 |
| 2 | Royal Caribbean Cruises | 79.38 Bn | 78.87 Bn | 2.21 Bn | 2.01 |
| 3 | Airbnb | 79.10 Bn | 67.09 Bn | 2.10 Bn | 0.32 |
| 4 | Carnival | 40.18 Bn | 38.77 Bn | - | 1.94 |
| 5 | Expedia | 27.43 Bn | 21.64 Bn | 3.05 Bn | 2.43 |
| 6 | Norwegian Cruise Line Holdings | 8.89 Bn | 8.71 Bn | 953.34 Mn | 6.23 |
| 7 | Global Business Travel | 4.79 Bn | 4.36 Bn | 714.00 Mn | 0.94 |
| 8 | Travel & Leisure | 4.67 Bn | 4.41 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.32 Bn | -894.90 Mn | 1.74 Bn | 0.18 |
| 10 | New Momentum | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -0.11 |
| Dec 31, 2022 | -0.43 |
| Sep 30, 2021 | -0.08 |
| Jun 30, 2021 | -0.14 |
| Mar 31, 2021 | -0.17 |
| Dec 31, 2020 | -0.21 |
| Dec 31, 2019 | -0.27 |
| Jun 30, 2016 | 0.46 |
| Mar 31, 2016 | 0.43 |
| Dec 31, 2015 | 0.29 |
| Dec 31, 2014 | -0.17 |
| Sep 30, 2014 | -0.17 |
| Dec 31, 2013 | -0.17 |
| Sep 30, 2013 | -0.16 |
| Jun 30, 2013 | -0.16 |
| Mar 31, 2013 | -0.15 |
| Dec 31, 2012 | -0.15 |
| Sep 30, 2012 | -0.15 |
| Jun 30, 2012 | -0.15 |
| Mar 31, 2012 | -0.15 |