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% quarter-over-quarter 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.
- In Q2 2025, Interest Coverage Ratio changed N/A year-over-year to 28.44; the TTM figure through Mar 2026 stood at 9598.22 (changed N/A YoY), while the FY2023 annual figure was 0.21, changed N/A from the prior year.
- Interest Coverage Ratio declined to 28.44 in Q2 2025 per NXTT's latest filing, from 4.1 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.59 in Q2 2021 and bottomed at 28.44 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 3.83 across 4 years, with a median of 0.83 in 2022.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio soared 142.04% — and 2023, when it tumbled 579.35%.
- Next Technology Holding's Interest Coverage Ratio stood at 1.88 in 2021, then sank by 132.19% to 0.6 in 2022, then sank by 579.35% to 4.1 in 2023, then plunged by 593.23% to 28.44 in 2025.
- Business Quant data shows NXTT's Interest Coverage Ratio at 28.44 in Q2 2025, 4.1 in Q2 2023, and 0.6 in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | Next Technology Holding | 9.62 Mn | -149.42 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 |