Newater Technology Long Term Debt

Newater Technology posts a long-term debt of $0 as of December 2020. That compares with $1.4M in the prior-year period — down 100.0% 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, Newater Technology's long-term debt was $1.4M. The latest reading is $0 — a 100.0% year-over-year decrease (period ending December 2020). Use the history and growth charts on this page for a longer lookback.

Long-Term Debt is one piece of Newater Technology's financial statement story. At $0, 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 NEWA'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; Newater Technology's other metric pages and overview cover the third.