New Momentum (NNAX) Interest Coverage Ratio (2010 - 2024)
New Momentum (NNAX) recorded quarterly Interest Coverage Ratio of 26.51 in Q1 2024, down 441.91% quarter-over-quarter from 4.89 in Q4 2023, and down 146.66% on a YoY basis from 56.82 in Q2 2023.
New Momentum (NNAX) Interest Coverage Ratio (2010 - 2024) Analysis & Trends
New Momentum's Interest Coverage Ratio history runs 10 years deep, the most recent figure standing at 26.51 for Q1 2024.
- In Q1 2024, Interest Coverage Ratio fell 146.66% year-over-year to 26.51; the TTM figure through Dec 2024 stood at 145.01 (down 4917.72% YoY), while the FY2024 annual figure was 145.01, down 4917.72% from the prior year.
- Interest Coverage Ratio was 26.51 for Q1 2024 at New Momentum, down from 4.89 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 212.93 in Q4 2021 to a low of 4025.29 in Q4 2020.
- Historically, Interest Coverage Ratio has averaged 306.1 across 5 years, with a median of 17.66 in 2021.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio surged 135.06% in 2023, then sank 146.66% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 4025.29 in 2020, then soared by 105.29% to 212.93 in 2021, then plunged by 110.03% to 21.35 in 2022, then surged by 77.09% to 4.89 in 2023, then sank by 441.91% to 26.51 in 2024.
- The last three Interest Coverage Ratio figures came in at 26.51 (Q1 2024), 4.89 (Q4 2023), and 0.39 (Q3 2023), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 130.26 Bn | 114.24 Bn | 3.46 Bn | 5.02 |
| 2 | Royal Caribbean Cruises | 79.38 Bn | 78.87 Bn | 2.21 Bn | 4.18 |
| 3 | Airbnb | 79.10 Bn | 67.09 Bn | 2.10 Bn | - |
| 4 | Carnival | 40.18 Bn | 38.77 Bn | - | 2.09 |
| 5 | Expedia | 27.43 Bn | 21.64 Bn | 3.05 Bn | 2.26 |
| 6 | Norwegian Cruise Line Holdings | 8.89 Bn | 8.71 Bn | 953.34 Mn | - |
| 7 | Global Business Travel | 4.79 Bn | 4.36 Bn | 714.00 Mn | 0.11 |
| 8 | Travel & Leisure | 4.67 Bn | 4.41 Bn | 926.00 Mn | 4.82 |
| 9 | Trip.com | 4.32 Bn | -894.90 Mn | 1.74 Bn | -22.75 |
| 10 | New Momentum | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -26.51 |
| Dec 31, 2023 | -4.89 |
| Sep 30, 2023 | -0.39 |
| Jun 30, 2023 | 9.57 |
| Mar 31, 2023 | -10.75 |
| Dec 31, 2022 | -21.35 |
| Sep 30, 2022 | -0.73 |
| Jun 30, 2022 | -27.29 |
| Dec 31, 2021 | 212.93 |
| Sep 30, 2021 | -23.01 |
| Jun 30, 2021 | -43.98 |
| Mar 31, 2021 | -17.66 |
| Dec 31, 2020 | -4,025.29 |
| Dec 31, 2014 | -2.41 |
| Sep 30, 2014 | -21.00 |
| Jun 30, 2014 | -37.68 |
| Mar 31, 2014 | -17.33 |
| Dec 31, 2013 | 1.77 |
| Sep 30, 2013 | -11.84 |
| Jun 30, 2013 | 1.95 |