Nextpower (NXT) Debt Ratio (2022 - 2024)
Nextpower (NXT) posted quarterly Debt Ratio of 0.05 for Q4 2024, down 29.5% year-over-year from 0.07 in Q1 2024, and down 7.71% on a QoQ basis from 0.05 in Q3 2024.
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.
- Debt Ratio for Q4 2024 came in at 0.05, down 29.5% year-over-year; the trailing twelve-month figure through Dec 2024 was 0.05 (down 29.5% YoY), and the FY2024 annual result was 0.06, down 47.76% from the prior year.
- Debt Ratio fell to 0.05 in Q4 2024, from 0.05 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.11 in Q1 2023 and troughed at 0.03 in Q4 2022.
- A 3-year average of 0.06 and a median of 0.06 in 2024 frame the typical range for Debt Ratio.
- The widest annual swing landed in 2023, when Debt Ratio jumped 190.51%; it then tumbled 47.76% in 2024.
- A 3-year view of Debt Ratio shows it stood at 0.03 in 2022, then jumped by 111.33% to 0.07 in 2023, then retreated by 29.5% to 0.05 in 2024.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.05 in Q4 2024, 0.05 in Q3 2024, and 0.06 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 0.20 |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 0.62 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 0.55 |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 0.15 |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 0.44 |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 0.01 |
Historic Data
Download 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 |