Nerdwallet (NRDS) Debt Ratio (2020 - 2023)
Nerdwallet (NRDS) posted quarterly Debt Ratio of 0.07 for Q1 2023, down 15.72% year-over-year from 0.08 in Q1 2022, and down 5.84% quarter-over-quarter from 0.07 in Q4 2022.
Nerdwallet (NRDS) Debt Ratio (2020 - 2023) Analysis & Trends
Nerdwallet's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.07 for Q1 2023.
- In Q1 2023, Debt Ratio fell 15.72% year-over-year to 0.07; the TTM figure through Mar 2023 stood at 0.07 (down 15.72% YoY), while the FY2022 annual figure was 0.07, down 13.35% from the prior year.
- Debt Ratio for Q1 2023 stood at 0.07, down from 0.07 in the prior quarter.
- The five-year high for Debt Ratio was 0.21 in Q3 2022, with the low at 0.07 in Q1 2023.
- The 4-year median for Debt Ratio is 0.08 (2021), against an average of 0.1.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio declined 29.21% in 2021, then fell 13.35% in 2022.
- Nerdwallet's Debt Ratio stood at 0.12 in 2020, then decreased by 29.21% to 0.08 in 2021, then declined by 13.35% to 0.07 in 2022, then dropped by 5.84% to 0.07 in 2023.
- Business Quant data shows NRDS's Debt Ratio at 0.07 in Q1 2023, 0.07 in Q4 2022, and 0.21 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 0.19 |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 0.05 |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 0.14 |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | -0.10 |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 0.00 |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 0.38 |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | - | |
| 10 | Nerdwallet | 634.40 Mn | 572.40 Mn | 183.90 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.08 |
| Dec 31, 2020 | 0.12 |