Nerdwallet (NRDS) Debt Ratio (2020 - 2023)

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 was 0.07 for Q1 2023 at Nerdwallet, down from 0.07 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.21 in Q3 2022 to a low of 0.07 in Q1 2023.
• Historically, Debt Ratio has averaged 0.1 across 4 years, with a median of 0.08 in 2021.
• The sharpest annual moves came in 2021 and 2022: Debt Ratio fell 29.21% in 2021, then retreated 13.35% in 2022.
• A 4-year view of Debt Ratio shows it stood at 0.12 in 2020, then slipped by 29.21% to 0.08 in 2021, then fell by 13.35% to 0.07 in 2022, then declined by 5.84% to 0.07 in 2023.
• The last three Debt Ratio figures came in at 0.07 (Q1 2023), 0.07 (Q4 2022), and 0.21 (Q3 2022), per Business Quant data.