NewAge Long Term Debt

NewAge posts a long-term debt of $15M as of September 2021. That compares with $35M in the prior-year period — down 55.5% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, NewAge's long-term debt was $35M. The latest reading is $15M — a 55.5% year-over-year decrease (period ending September 2021). Use the history and growth charts on this page for a longer lookback.

Long-Term Debt is one piece of NewAge's financial statement story. At $15M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NBEV's long-term debt usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; NewAge's other metric pages and overview cover the third.

Judging NewAge against Consumer Staples peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Staples are more comparable, which makes gaps in long-term debt easier to interpret. Start with $15M here, then scan peer and history charts to see if the gap is persistent.