Nerdwallet, Inc. (NRDS) Debt Ratio (2020 - 2023)

Nerdwallet (NRDS) has reported Debt Ratio for 4 consecutive years, with 0.07 the latest figure, recorded in 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 came in at 0.07 for Q1 2023 at Nerdwallet, 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.
• Average Debt Ratio over 4 years is 0.1, with a median of 0.08 recorded in 2021.
• Across the five-year window, Debt Ratio slipped 29.21% in 2021 and dropped 13.35% in 2022, its largest moves.
• Year by year, Debt Ratio stood at 0.12 in 2020, then fell by 29.21% to 0.08 in 2021, then slipped by 13.35% to 0.07 in 2022, then decreased by 5.84% to 0.07 in 2023.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.07, 0.07, and 0.21 for Q1 2023, Q4 2022, and Q3 2022 respectively.