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% quarter-over-quarter from 0.05 in Q1 2022.

Next Technology Holding (NXTT) Debt Ratio (2019 - 2022) Analysis & Trends

Next Technology Holding (NXTT) has 4 years of Debt Ratio data on file, last reported at 0.06 in Q2 2022.

  • Debt Ratio for Q2 2022 came in at 0.06, up 66.2% year-over-year; the trailing twelve-month figure through Jun 2022 was 0.06 (up 66.2% YoY), and the FY2021 annual result was 0.06, up 84.62% from the prior year.
  • Debt Ratio advanced to 0.06 in Q2 2022 per NXTT's latest filing, from 0.05 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.27 in Q4 2019 and troughed at 0.03 in Q4 2020.
  • A 4-year average of 0.07 and a median of 0.04 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2020 and 2021: Debt Ratio tumbled 88.45% in 2020, then soared 84.62% in 2021.
  • A 4-year view of Debt Ratio shows it stood at 0.27 in 2019, then tumbled by 88.45% to 0.03 in 2020, then jumped by 84.62% to 0.06 in 2021, then advanced by 4.33% to 0.06 in 2022.
  • Business Quant data shows NXTT's Debt Ratio at 0.06 in Q2 2022, 0.05 in Q1 2022, and 0.06 in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.08
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.18
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.37
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.24
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.06
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.06
10 Next Technology Holding 14.42 Mn -145.30 Mn 77,884.00 -

Historic Data

Download Data
DateValue
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