Next Technology Holding (NXTT) Debt Ratio (2019 - 2022)
Next Technology Holding (NXTT) reported Debt Ratio of 0.06 for Q2 2022, up 66.2% year-over-year from 0.04 in Q2 2021, and up 17.76% on a QoQ basis from 0.05 in Q1 2022.
Next Technology Holding (NXTT) has 4 years of Debt Ratio data on file, last reported at 0.06 in Q2 2022.
- Quarterly Debt Ratio rose 66.2% year-over-year to 0.06 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 0.06 (up 66.2% YoY) and the FY2021 annual result came in at 0.06, up 84.62% from the prior year.
- Debt Ratio climbed to 0.06 in Q2 2022 per NXTT's latest filing, from 0.05 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.27 in Q4 2019 and bottomed at 0.03 in Q4 2020.
- The 4-year median for Debt Ratio is 0.04 (2022), against an average of 0.07.
- The widest annual swing landed in 2020, when Debt Ratio sank 88.45%; it then jumped 84.62% in 2021.
- Tracing NXTT's Debt Ratio over 4 years: stood at 0.27 in 2019, then sank by 88.45% to 0.03 in 2020, then surged by 84.62% to 0.06 in 2021, then rose by 4.33% to 0.06 in 2022.
- Per Business Quant, the three latest NXTT Debt Ratio figures stand at 0.06 (Q2 2022), 0.05 (Q1 2022), and 0.06 (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.08 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.13 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.24 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.03 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.06 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.16 |
| 10 | Next Technology Holding | 11.70 Mn | -148.02 Mn | 77,884.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.04 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 0.03 |
| Dec 31, 2020 | 0.03 |
| Sep 30, 2020 | 0.04 |
| Jun 30, 2020 | 0.07 |
| Dec 31, 2019 | 0.27 |