New Momentum (NNAX) Interest Expenses (2010 - 2024)
New Momentum (NNAX) recorded quarterly Interest Expenses of $1084.0 in Q1 2024, down 98.09% quarter-over-quarter from $56743.0 in Q4 2023, and down 86.24% on a YoY basis from $7878.0 in Q2 2023.
New Momentum (NNAX) Interest Expenses (2010 - 2024) Analysis & Trends
New Momentum's Interest Expenses history runs 10 years deep, the most recent figure standing at $1084.0 for Q1 2024.
- In Q1 2024, Interest Expenses fell 86.24% year-over-year to $1084.0; the TTM figure through Dec 2024 stood at $1084.0 (down 98.96% YoY), while the FY2024 annual figure was $1084.0, down 98.96% from the prior year.
- Interest Expenses was $1084.0 for Q1 2024 at New Momentum, down from $56743.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $56743.0 in Q4 2023 to a low of -$1315.0 in Q4 2021.
- Historically, Interest Expenses has averaged $9584.6 across 5 years, with a median of $2172.0 in 2021.
- The sharpest annual moves came in 2021 and 2022: Interest Expenses tumbled 227.92% in 2021, then surged 749.73% in 2022.
- A 5-year view of Interest Expenses shows it stood at $1028.0 in 2020, then sank by 227.92% to -$1315.0 in 2021, then soared by 749.73% to $8544.0 in 2022, then surged by 564.13% to $56743.0 in 2023, then plunged by 98.09% to $1084.0 in 2024.
- The last three Interest Expenses figures came in at $1084.0 (Q1 2024), $56743.0 (Q4 2023), and $32082.0 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 130.26 Bn | 114.24 Bn | 3.46 Bn | 253.00 Mn |
| 2 | Royal Caribbean Cruises | 79.38 Bn | 78.87 Bn | 2.21 Bn | 278.00 Mn |
| 3 | Airbnb | 79.10 Bn | 67.09 Bn | 2.10 Bn | - |
| 4 | Carnival | 40.18 Bn | 38.77 Bn | - | 291.00 Mn |
| 5 | Expedia | 27.43 Bn | 21.64 Bn | 3.05 Bn | 111.00 Mn |
| 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 | 27.00 Mn |
| 8 | Travel & Leisure | 4.67 Bn | 4.41 Bn | 926.00 Mn | 33.00 Mn |
| 9 | Trip.com | 4.32 Bn | -894.90 Mn | 1.74 Bn | -16.00 Mn |
| 10 | New Momentum | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1,084.00 |
| Mar 31, 2024 | 1,084.00 |
| Dec 31, 2023 | 56,743.00 |
| Dec 31, 2023 | 56,743.00 |
| Sep 30, 2023 | 32,082.00 |
| Sep 30, 2023 | 32,082.00 |
| Jun 30, 2023 | 7,649.00 |
| Jun 30, 2023 | 7,649.00 |
| Mar 31, 2023 | 7,878.00 |
| Mar 31, 2023 | 7,878.00 |
| Dec 31, 2022 | 8,544.00 |
| Dec 31, 2022 | 8,544.00 |
| Sep 30, 2022 | 4,307.00 |
| Sep 30, 2022 | 4,307.00 |
| Jun 30, 2022 | 1,115.00 |
| Jun 30, 2022 | 1,115.00 |
| Dec 31, 2021 | -1,315.00 |
| Dec 31, 2021 | -1,315.00 |
| Sep 30, 2021 | 1,143.00 |
| Sep 30, 2021 | 1,143.00 |