NaaS Technology Current Ratio Growth & History (NAAS)
NaaS Technology's current ratio was 0.33 for fiscal 2024.
View full NaaS Technology company overviewNaaS Technology annual current ratio history
2017
2018
2019
2020
2021
2022
2023
2024
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.33 | −1.07 | −76.76% |
| 2023 | 2023-12-31 | 1.40 | −3.44 | −71.09% |
| 2022 | 2022-12-31 | 4.84 | 1.29 | +36.23% |
| 2021 | 2021-12-31 | 3.56 | 2.92 | +457.97% |
| 2020 | 2020-12-31 | 0.64 | −0.24 | −27.54% |
| 2019 | 2019-12-31 | 0.88 | −0.22 | −19.79% |
| 2018 | 2018-12-31 | 1.10 | −0.01 | −1.08% |
| 2017 | 2017-12-31 | 1.11 | — | — |
NaaS Technology quarterly current ratio
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | 0.33 | −1.07 | −76.76% |
| Q2 2024 | 2024-06-30 | 1.04 | −1.68 | −61.72% |
| Q4 2023 | 2023-12-31 | 1.40 | −3.44 | −71.09% |
| Q2 2023 | 2023-06-30 | 2.72 | — | — |
| Q4 2022 | 2022-12-31 | 4.84 | 1.29 | +36.23% |
| Q4 2021 | 2021-12-31 | 3.56 | 2.92 | +457.97% |
| Q4 2020 | 2020-12-31 | 0.64 | −0.24 | −27.54% |
| Q4 2019 | 2019-12-31 | 0.88 | −0.22 | −19.79% |
| Q4 2018 | 2018-12-31 | 1.10 | −0.01 | −1.08% |
| Q4 2017 | 2017-12-31 | 1.11 | — | — |
NaaS Technology current ratio trends
Over the last five fiscal years, NaaS Technology's current ratio decreased from 0.88 to 0.33, a change of −0.55. The latest reported quarter, Q4 2024, shows 0.33.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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