Growth Metrics

Nextnrg (NXXT) Asset Utilization Ratio (2021 - 2025)

Nextnrg (NXXT) has disclosed Asset Utilization Ratio for 5 consecutive years, with 0.98 as the latest value for Q3 2025.

  • On a quarterly basis, Asset Utilization Ratio fell 38.9% to 0.98 in Q3 2025 year-over-year; TTM through Sep 2025 was 0.98, a 38.9% decrease, with the full-year FY2024 number at 1.98, down 30.54% from a year prior.
  • Asset Utilization Ratio was 0.98 for Q3 2025 at Nextnrg, down from 1.67 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 4.25 in Q1 2024 to a low of 0.3 in Q4 2021.
  • A 5-year average of 1.79 and a median of 1.63 in 2024 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: soared 482.0% in 2023, then crashed 56.51% in 2024.
  • Nextnrg's Asset Utilization Ratio stood at 0.3 in 2021, then surged by 270.88% to 1.1 in 2022, then soared by 247.1% to 3.83 in 2023, then crashed by 56.51% to 1.67 in 2024, then tumbled by 41.32% to 0.98 in 2025.
  • Per Business Quant, the three most recent readings for NXXT's Asset Utilization Ratio are 0.98 (Q3 2025), 1.67 (Q4 2024), and 1.6 (Q3 2024).