NaaS Technology Debt-to-Equity Ratio Growth & History (NAAS)
NaaS Technology's debt-to-equity ratio was 0.04 for fiscal 2022.
View full NaaS Technology company overviewNaaS Technology annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 0.04 | — | — |
| 2020 | 2020-12-31 | 2.16 | 0.31 | +16.58% |
| 2019 | 2019-12-31 | 1.85 | 0.57 | +44.15% |
| 2018 | 2018-12-31 | 1.28 | −0.73 | −36.16% |
| 2017 | 2017-12-31 | 2.01 | — | — |
NaaS Technology quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2023 | 2023-06-30 | 0.05 | — | — |
| Q4 2022 | 2022-12-31 | 0.04 | — | — |
| Q4 2020 | 2020-12-31 | 2.16 | 0.31 | +16.58% |
| Q4 2019 | 2019-12-31 | 1.85 | 0.57 | +44.15% |
| Q4 2018 | 2018-12-31 | 1.28 | −0.73 | −36.16% |
| Q4 2017 | 2017-12-31 | 2.01 | — | — |
NaaS Technology debt-to-equity ratio trends
Over the last five fiscal years, NaaS Technology's debt-to-equity ratio decreased from 2.01 to 0.04, a change of −1.97. The latest reported quarter, Q2 2023, shows 0.05.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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