Nextnrg (NXXT) Debt Ratio (2020 - 2026)
Nextnrg's Debt Ratio was 2.48 in Q2 2026, up 57.5% from 1.58 a year earlier but down 8.0% from the prior quarter.
Powered by 
Analysis
Nextnrg (NXXT) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Nextnrg came in at 3.05, up 676.0% from FY2024.
- In earlier years, Debt Ratio was 0.39 in FY2024 (-63.2%), 1.07 in FY2023 (+275.8%), 0.28 in FY2022 (+893.7%) and 0.03 in FY2021 (-93.7%).
- Quarterly Debt Ratio has moved between 0.01 (Q3 2021) and 3.05 (Q4 2025) over five years.
- Compared with a year earlier, Debt Ratio was higher in three of the last five quarters, with growth averaging 180.7%.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 893.7%); the worst was Q4 2021 (a decline of 93.7%).
- Per Business Quant data, NXXT's Debt Ratio in the three quarters before Q2 2026 was 2.70 (Q1 2026), 3.05 (Q4 2025) and 1.72 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.31 Bn | 40.51 Bn | - | 0.46 |
| 2 | AXIA Energia | 29.53 Bn | 16.46 Bn | 2.59 Bn | - |
| 3 | Nrg Energy | 20.44 Bn | 14.66 Bn | 2.01 Bn | 0.58 |
| 4 | Talen Energy | 15.08 Bn | 12.66 Bn | - | 0.64 |
| 5 | Enlight Renewable Energy | 9.24 Bn | 6.17 Bn | 117.49 Mn | 0.48 |
| 6 | Brookfield Renewable Partners | 7.56 Bn | 28.94 Bn | 927.00 Mn | 0.04 |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | 0.00 |
| 8 | Clearway Energy | 6.33 Bn | 8.90 Bn | - | 0.54 |
| 9 | Ormat Technologies | 5.62 Bn | 4.36 Bn | 68.70 Mn | 0.05 |
| 10 | Nextnrg | 14.44 Mn | 9.81 Mn | 1.96 Mn | 2.48 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.48 |
| Mar 31, 2026 | 2.70 |
| Dec 31, 2025 | 3.05 |
| Sep 30, 2025 | 1.72 |
| Jun 30, 2025 | 1.58 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 1.24 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 0.74 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.01 |
| Dec 31, 2020 | 0.46 |
API Access
Nextnrg 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=NXXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NXXT", "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=NXXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();