Next Technology Holding (NXTT) Interest Coverage Ratio (2020 - 2025)
Next Technology Holding (NXTT) posted quarterly Interest Coverage Ratio of 28.44 for Q2 2025, down 593.23% on a QoQ basis from 4.1 in Q2 2023.
Next Technology Holding (NXTT) Interest Coverage Ratio (2020 - 2025) Analysis & Trends
Next Technology Holding (NXTT) has reported Interest Coverage Ratio for 5 consecutive years, with 28.44 the latest figure, recorded in Q2 2025.
- Quarterly Interest Coverage Ratio changed N/A year-over-year to 28.44 in Q2 2025, while the trailing twelve-month figure through Mar 2026 was 9598.22 (changed N/A YoY) and the FY2023 annual result came in at 0.21, changed N/A from the prior year.
- Interest Coverage Ratio slipped to 28.44 in Q2 2025 per NXTT's latest filing, from 4.1 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for NXTT reached as high as 2.59 in Q2 2021 and fell as low as 28.44 in Q2 2025.
- A 4-year average of 3.83 and a median of 0.83 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio surged 142.04% — and 2023, when it tumbled 579.35%.
- Year by year, Interest Coverage Ratio stood at 1.88 in 2021, then slumped by 132.19% to 0.6 in 2022, then slumped by 579.35% to 4.1 in 2023, then sank by 593.23% to 28.44 in 2025.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 28.44, 4.1, and 0.6 for Q2 2025, Q2 2023, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -9.39 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.00 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 10.68 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.80 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.15 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -2.54 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -6.14 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 7.54 |
| 10 | Next Technology Holding | 21,080.94 | -159.70 Mn | 353,827.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -28.44 |
| Jun 30, 2023 | -4.10 |
| Jun 30, 2022 | -0.60 |
| Mar 31, 2022 | 0.83 |
| Sep 30, 2021 | 1.88 |
| Jun 30, 2021 | 2.59 |
| Mar 31, 2021 | 1.00 |
| Sep 30, 2020 | 1.67 |
| Jun 30, 2020 | 76.28 |
| Mar 31, 2020 | -2.39 |