Nextpower (NXT) Debt Ratio (2023 - 2024)
Nextpower's (NXT) Debt Ratio stood at 0.05 in fiscal Q3 2025 (quarter ended Dec 31, 2024), down 29.5% from 0.07 a year earlier and down 7.7% from the prior quarter.
Nextpower (NXT) Debt Ratio (2023 - 2024) Analysis & Trends
For FY2024 (ended Mar 31, 2024), Nextpower's Debt Ratio came in at 0.06, down 43.4% from FY2023.
- Across earlier fiscal years, Debt Ratio came in at 0.10 in FY2023.
- The fiscal Q3 2025 figure is the lowest quarterly Debt Ratio in data going back to fiscal Q4 2023.
- On a year-over-year basis, Debt Ratio has declined for four consecutive quarters, with an average decline of 34.1% over the last four quarters.
- Per Business Quant, the preceding three fiscal quarters came in at 0.05 (Q2 2025), 0.06 (Q1 2025) and 0.06 (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 0.03 |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 0.00 |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 0.01 |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 0.43 |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 0.22 |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 0.42 |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 0.26 |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 0.13 |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 0.20 |
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 | 0.10 |
Nextpower Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();