Nextpower (NXT) Debt Ratio (2022 - 2024)
Nextpower (NXT) posted Debt Ratio of 0.05 for Q4 2024, down 7.71% on a QoQ basis from 0.05 in Q3 2024, and down 29.5% year-over-year from 0.07 in Q1 2024.
Analysis
Nextpower (NXT) Debt Ratio (2022 - 2024) Analysis & Trends
Nextpower has reported Debt Ratio for 3 years, with the latest figure at 0.05 in Q4 2024.
- On a quarterly basis, Debt Ratio fell 29.5% year-over-year to 0.05 in Q4 2024; TTM through Dec 2024 was 0.05, a 29.5% decrease from a year earlier, with the FY2024 full-year figure at 0.06, down 47.76% from the prior year.
- Debt Ratio was 0.05 for Q4 2024 at Nextpower, 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.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio surged 190.51% in 2023, then tumbled 47.76% in 2024.
- Over 3 years, Debt Ratio 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 0.20 |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 0.37 |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 0.40 |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 0.44 |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 0.31 |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |