Growth Metrics

Nextpower (NXT) Debt Ratio (2022 - 2024)

Nextpower's quarterly Debt Ratio came in at 0.05 in Q4 2024, down 29.5% year-on-year from 0.07 in Q1 2024, and down 7.71% quarter-over-quarter from 0.05 in Q3 2024.

Nextpower has reported Debt Ratio for 3 years, with the latest figure at 0.05 in Q4 2024.

  • For the quarter ending Q4 2024, Debt Ratio fell 29.5% year-over-year to 0.05; the trailing twelve-month figure through Dec 2024 stood at 0.05 (down 29.5% YoY), and the FY2024 full-year result was 0.06, down 47.76% from the prior year.
  • Debt Ratio for Q4 2024 stood at 0.05, down from 0.05 in the prior quarter.
  • The five-year high for Debt Ratio was 0.11 in Q1 2023, with the low at 0.03 in Q4 2022.
  • Average Debt Ratio over 3 years is 0.06, with a median of 0.06 recorded in 2024.
  • Year-over-year, Debt Ratio soared 190.51% in 2023 and plunged 47.76% in 2024.
  • Tracing NXT's Debt Ratio over 3 years: stood at 0.03 in 2022, then soared by 111.33% to 0.07 in 2023, then slipped by 29.5% to 0.05 in 2024.
  • The last three Debt Ratio figures came in at 0.05 (Q4 2024), 0.05 (Q3 2024), and 0.06 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.03
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.35
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.21
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.02
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.18
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 0.45
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.15
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Dec 31, 2024 0.05
Sep 27, 2024 0.05
Jun 28, 2024 0.06
Mar 31, 2024 0.06
Dec 31, 2023 0.07
Sep 29, 2023 0.07
Jun 30, 2023 0.09
Mar 31, 2023 0.11
Dec 31, 2022 0.03
Mar 31, 2022 0.04