Nextpower (NXT) Debt Ratio (2022 - 2024)

Nextpower (NXT) recorded quarterly Debt Ratio of 0.05 in Q4 2024, down 7.71% quarter-over-quarter from 0.05 in Q3 2024, and down 29.5% on a YoY basis from 0.07 in Q1 2024.

Nextpower (NXT) Debt Ratio (2022 - 2024) Analysis & Trends

Nextpower's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.05 for Q4 2024.

  • In Q4 2024, Debt Ratio fell 29.5% year-over-year to 0.05; the TTM figure through Dec 2024 stood at 0.05 (down 29.5% YoY), while the FY2024 annual figure was 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.
  • In the past five years, Debt Ratio ranged from a high of 0.11 in Q1 2023 to a low of 0.03 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.06 across 3 years, with a median of 0.06 in 2024.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio jumped 190.51% in 2023, then plunged 47.76% in 2024.
  • A 3-year view of Debt Ratio shows it stood at 0.03 in 2022, then surged by 111.33% to 0.07 in 2023, then decreased 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 28.68 Bn 26.25 Bn 486.13 Mn 0.03
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.21
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.02
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.18
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 0.45
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 0.15
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - 0.04

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