NewHydrogen Debt-to-Assets Ratio Growth & History (NEWH)

NewHydrogen's debt-to-assets ratio was 22.94 for fiscal 2020.

View full NewHydrogen company overview

NewHydrogen annual debt-to-assets ratio history

NewHydrogen annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20202020-12-3122.943.30+16.80%
20192019-12-3119.643.47+21.44%
20182018-12-3116.1712.55+346.46%
20172017-12-313.622.58+248.82%
20162016-12-311.04−1.56−60.04%
20152015-12-312.601.60+161.35%
20142014-12-310.990.23+29.76%
20132013-12-310.770.39+101.27%
20122012-12-310.38

NewHydrogen debt-to-assets ratio trends

Over the last five fiscal years, NewHydrogen's debt-to-assets ratio increased from 2.60 to 22.94, a change of 20.34. The latest reported quarter, Q2 2021, shows 0.01.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review NewHydrogen source filings ↗

Community posts

It’s quiet here.

No posts about NEWH yet. Start the conversation.

Write the first post