Next Technology Holding (NXTT) Debt Ratio (2019 - 2024)

Next Technology Holding (NXTT) has reported Debt Ratio for 6 consecutive years, with 0.01 the latest figure, recorded in Q2 2024.

• Quarterly Debt Ratio fell 80.58% year-over-year to 0.01 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.01 (down 80.58% YoY) and the FY2023 annual result came in at 0.03, up 16.72% from the prior year.
• Debt Ratio retreated to 0.01 in Q2 2024 per NXTT's latest filing, from 0.03 in the prior quarter.
• Over the last five years, Debt Ratio for NXTT reached as high as 0.07 in Q2 2020 and fell as low as 0.01 in Q2 2024.
• A 5-year average of 0.04 and a median of 0.04 in 2020 frame the typical range for Debt Ratio.
• Annual changes were most pronounced in 2020 — Debt Ratio tumbled 88.45% — and 2021, when it surged 84.62%.
• Year by year, Debt Ratio stood at 0.03 in 2020, then surged by 84.62% to 0.06 in 2021, then sank by 50.66% to 0.03 in 2022, then rose by 16.72% to 0.03 in 2023, then slumped by 68.17% to 0.01 in 2024.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.03, and 0.03 for Q2 2024, Q1 2024, and Q4 2023 respectively.