NetClass Technology (NTCL) Equity Ratio (2023 - 2025)

NetClass Technology (NTCL) reported Equity Ratio of 0.42 for Q3 2025, down 1.17% on a YoY basis from 0.42 in Q3 2024, and down 1.17% quarter-over-quarter from 0.42 in Q3 2024.

NetClass Technology (NTCL) Equity Ratio (2023 - 2025) Analysis & Trends

NetClass Technology has reported Equity Ratio for 3 years, with the latest figure at 0.42 in Q3 2025.

  • For the quarter ending Q3 2025, Equity Ratio fell 1.17% year-over-year to 0.42; the trailing twelve-month figure through Sep 2025 stood at 0.42 (down 1.17% YoY), and the FY2025 full-year result was 0.42, down 1.17% from the prior year.
  • Equity Ratio for Q3 2025 stood at 0.42, down from 0.42 in the prior quarter.
  • The five-year high for Equity Ratio was 0.68 in Q3 2023, with the low at 0.42 in Q3 2025.
  • Historically, Equity Ratio has averaged 0.51 across 3 years, with a median of 0.42 in 2024.
  • Annual changes were most pronounced in 2024 — Equity Ratio slumped 37.64% — and 2025, when it retreated 1.17%.
  • NetClass Technology's Equity Ratio stood at 0.68 in 2023, then tumbled by 37.64% to 0.42 in 2024, then dropped by 1.17% to 0.42 in 2025.
  • The last three Equity Ratio figures came in at 0.42 (Q3 2025), 0.42 (Q3 2024), and 0.68 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.62
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.90
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.41
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.89
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.32
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.54
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.48
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.10
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.38
10 NetClass Technology 3.38 Mn 1.81 Mn 0.31 0.42

Historic Data

Download Data
DateValue
Sep 30, 2025 0.42
Sep 30, 2024 0.42
Sep 30, 2023 0.68