NETCLASS TECHNOLOGY INC Class A (NTCL) Key Metrics
NTCL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.7M
- Enterprise value
- $5.8M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.1
- Price / book
- 1.0
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- —
NTCL key metrics, FY2020–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsNTCL returns How much profit the business earns on the capital it uses.
NTCL financial health Debt, liquidity and how easily interest is covered.
NTCL efficiency & capital use Working capital cycle and where the cash goes.
NTCL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NTCL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NTCL key metrics
FY2020–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Share price at fiscal year-end | $73.00 | — | — | — | — | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −247.3% | −39.9% | 4.7% | 5.4% | 54.0% | 14.6% |
| Return on invested capital (ROIC) | −185.7% | −31.1% | 6.1% | 2.5% | 72.6% | 5.3% |
| Return on assets (ROA) | −102.9% | −21.5% | 3.0% | 3.1% | 26.2% | 5.3% |
| Return on tangible assets | −85.2% | −20.4% | 2.5% | 3.0% | 25.3% | 5.3% |
| Free cash flow margin | −81.8% | −1.3% | 3.5% | −6.2% | 6.4% | −3.6% |
| Income quality (OCF / net income) | — | — | 2.42 | −4.31 | 0.70 | −0.32 |
| Financial health | ||||||
| Total debt | $2.7M | $13,122 | $54,356 | $130,938 | $98,552 | $187,071 |
| Cash & short-term investments | $1.8M | $410,716 | $524,601 | $208,206 | $1.0M | $306,460 |
| Net debt | $950,422 | −$397,594 | −$470,245 | −$77,268 | −$943,384 | −$119,389 |
| Debt / equity | 0.47 | 0.00 | 0.01 | 0.05 | 0.04 | 0.13 |
| Debt / assets | 0.20 | 0.00 | 0.01 | 0.03 | 0.02 | 0.05 |
| Net debt / EBITDA | — | — | −0.90 | −0.46 | −0.70 | −0.63 |
| Current ratio | 1.29 | 1.70 | 3.03 | 2.07 | 2.27 | 1.36 |
| Quick ratio | 1.25 | 1.41 | 2.52 | 2.02 | 2.12 | 1.10 |
| Interest coverage | — | — | 84.8 | 5.6 | 101.4 | 318.8 |
| Working capital | $2.0M | $2.9M | $4.2M | $2.1M | $2.1M | $889,775 |
| Invested capital | $6.7M | $2.6M | $4.0M | $2.3M | $1.6M | $1.3M |
| Tangible asset value | $4.9M | $3.1M | $4.4M | $2.4M | $2.5M | $1.4M |
| Net current asset value | $1.0M | $2.9M | $4.2M | $2.1M | $2.1M | $796,240 |
| Capital allocation | ||||||
| Capex / revenue | 23.5% | 0.0% | 0.0% | 0.0% | 0.0% | 1.4% |
| Capex / operating cash flow | — | — | 0.0% | — | 0.5% | — |
| Capex / depreciation | 4.04 | 0.00 | 0.00 | 0.00 | 0.03 | 0.35 |
| Stock-based compensation / revenue | 52.6% | 0.0% | 0.0% | — | — | — |
| R&D / revenue | 17.1% | 24.9% | 5.1% | 8.9% | 3.5% | 14.7% |
| SG&A / revenue | 104.5% | 10.8% | 12.7% | 23.4% | 20.4% | 18.7% |
| Efficiency | ||||||
| Days sales outstanding | 202.5 | 137.0 | 93.0 | 115.9 | 67.1 | 213.2 |
| Days of inventory on hand | 36.2 | 52.8 | 24.1 | 10.1 | 21.8 | 125.7 |
| Days payables outstanding | 114.9 | 94.1 | 45.2 | 59.2 | 59.4 | 279.6 |
| Cash conversion cycle (days) | 123.8 | 95.7 | 71.9 | 66.8 | 29.5 | 59.3 |
| Receivables turnover | 1.80 | 2.66 | 3.92 | 3.15 | 5.44 | 1.71 |
| Payables turnover | 3.18 | 3.88 | 8.07 | 6.17 | 6.15 | 1.31 |
| Inventory turnover | 10.08 | 6.91 | 15.15 | 36.17 | 16.73 | 2.90 |
| Asset turnover | 0.93 | 1.47 | 2.04 | 2.16 | 2.84 | 0.76 |
| Average receivables | $5.4M | $3.8M | $2.8M | $2.9M | $2.1M | $1.7M |
| Average payables | $2.4M | $2.0M | $1.1M | $1.0M | $1.2M | $1.5M |
| Average inventory | $750,226 | $1.1M | $576,128 | $171,862 | $453,068 | $656,984 |
| Intangibles / total assets | 8.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from NTCL's annual financial statements (latest annual report filed February 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
NTCL valuation and financial ratios
NETCLASS TECHNOLOGY INC earned a return on equity of −247.3% and a return on invested capital of −185.7% in fiscal 2025. It ended the year with $2.7 million of debt and $1.8 million in cash and short-term investments, net debt of $1.0 million.
See the NTCL income statement, the NTCL chart for price history, or the NTCL stock overview for the latest quote and news.
NTCL key metrics FAQ
What is NETCLASS TECHNOLOGY INC's return on equity?
NETCLASS TECHNOLOGY INC's return on equity (ROE) was −247.3% in fiscal 2025: net income of -$10.8 million on average shareholders' equity of $4.4 million.
What is NETCLASS TECHNOLOGY INC's ROIC?
NETCLASS TECHNOLOGY INC's return on invested capital was −185.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does NETCLASS TECHNOLOGY INC have?
NETCLASS TECHNOLOGY INC had total debt of $2.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.47.
What is NETCLASS TECHNOLOGY INC's current ratio?
NETCLASS TECHNOLOGY INC's current ratio was 1.29 at the end of fiscal 2025: current assets were 1.29 times current liabilities.