Nextpower NXT
NASDAQ NXT
$82.37 -3.08 (-3.60%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
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