Nerdwallet, Inc. (NRDS) Debt to Equity (2020 - 2023)

Nerdwallet (NRDS) posted quarterly Debt to Equity of $0.09 for Q1 2023, down 28.48% year-over-year from $0.12 in Q1 2022, and down 5.56% on a QoQ basis from $0.09 in Q4 2022.

Nerdwallet, Inc. (NRDS) Debt to Equity (2020 - 2023) Analysis & Trends

Nerdwallet (NRDS) has reported Debt to Equity for 4 consecutive years, with $0.09 the latest figure, recorded in Q1 2023.

  • In Q1 2023, Debt to Equity fell 28.48% year-over-year to $0.09; the TTM figure through Mar 2023 stood at $0.09 (down 28.48% YoY), while the FY2022 annual figure was $0.09, down 23.62% from the prior year.
  • Debt to Equity came in at $0.09 for Q1 2023 at Nerdwallet, down from $0.09 in the prior quarter.
  • The five-year high for Debt to Equity was $0.37 in Q4 2020, with the low at $0.09 in Q1 2023.
  • Average Debt to Equity over 4 years is $0.17, with a median of $0.12 recorded in 2021.
  • Across the five-year window, Debt to Equity tumbled 67.58% in 2021 and declined 23.62% in 2022, its largest moves.
  • Year by year, Debt to Equity stood at $0.37 in 2020, then slumped by 67.58% to $0.12 in 2021, then slipped by 23.62% to $0.09 in 2022, then retreated by 5.56% to $0.09 in 2023.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.09, $0.09, and $0.31 for Q1 2023, Q4 2022, and Q3 2022 respectively.

Peer Comparison

Historic Data

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DateValue
Mar 31, 2023 0.09
Dec 31, 2022 0.09
Sep 30, 2022 0.31
Jun 30, 2022 0.11
Mar 31, 2022 0.12
Dec 31, 2021 0.12
Dec 31, 2020 0.37