New Momentum Corp. (NNAX) Interest Coverage Ratio (2010 - 2024)
New Momentum (NNAX) posted Interest Coverage Ratio of 26.51 for Q1 2024, down 378.31% on a QoQ basis from 5.54 in Q4 2023, and down 146.66% year-over-year from 56.82 in Q2 2023.
Analysis
New Momentum Corp. (NNAX) Interest Coverage Ratio (2010 - 2024) Analysis & Trends
New Momentum has reported Interest Coverage Ratio for 11 years, with the latest figure at 26.51 in Q1 2024.
- On a quarterly basis, Interest Coverage Ratio fell 146.66% year-over-year to 26.51 in Q1 2024; TTM through Dec 2024 was 145.02, a 3069.66% increase from a year earlier, with the FY2024 full-year figure at 145.01, down 4917.72% from the prior year.
- Interest Coverage Ratio was 26.51 for Q1 2024 at New Momentum, down from 5.54 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 98.8 in Q4 2021, with the low at 4025.29 in Q4 2020.
- Average Interest Coverage Ratio over 5 years is 315.29, with a median of 17.66 recorded in 2021.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio soared 174.15% in 2022, then plunged 146.66% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 4025.29 in 2020, then soared by 102.45% to 98.8 in 2021, then slumped by 123.85% to 23.57 in 2022, then soared by 76.48% to 5.54 in 2023, then sank by 378.31% to 26.51 in 2024.
- The last three Interest Coverage Ratio figures came in at 26.51 (Q1 2024), 5.54 (Q4 2023), and 1.08 (Q3 2023), per Business Quant data.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -26.51 |
| Dec 31, 2023 | -5.54 |
| Sep 30, 2023 | -1.08 |
| Jun 30, 2023 | -9.92 |
| Mar 31, 2023 | -10.75 |
| Dec 31, 2022 | -23.57 |
| Sep 30, 2022 | 17.06 |
| Jun 30, 2022 | -27.29 |
| Dec 31, 2021 | 98.80 |
| Sep 30, 2021 | -23.01 |
| Jun 30, 2021 | -43.98 |
| Mar 31, 2021 | -17.66 |
| Dec 31, 2020 | -4,025.29 |
| Dec 31, 2015 | 0.14 |
| Mar 31, 2015 | -0.03 |
| Dec 31, 2014 | -1.18 |
| Sep 30, 2014 | 2.49 |
| Jun 30, 2014 | 4.58 |
| Mar 31, 2014 | 4.29 |
| Dec 31, 2013 | 3.56 |