Nextnrg (NXXT) Debt Ratio (2020 - 2026)

Nextnrg (NXXT) posted quarterly Debt Ratio of 0.0 for Q1 2026, down 98.06% quarter-over-quarter from 0.07 in Q4 2025.

Nextnrg (NXXT) Debt Ratio (2020 - 2026) Analysis & Trends

Nextnrg (NXXT) has reported Debt Ratio for 7 consecutive years, with 0.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt Ratio changed N/A year-over-year to 0.0; the TTM figure through Mar 2026 stood at 0.0 (changed N/A YoY), while the FY2025 annual figure was 0.07, down 91.96% from the prior year.
  • Debt Ratio slipped to 0.0 in Q1 2026 per NXXT's latest filing, from 0.07 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.07 in Q1 2024 and bottomed at 0.0 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.31 across 5 years, with a median of 0.18 in 2022.
  • Annual changes were most pronounced in 2022 — Debt Ratio soared 4532.12% — and 2025, when it tumbled 93.88%.
  • Nextnrg's Debt Ratio stood at 0.28 in 2022, then jumped by 118.68% to 0.62 in 2023, then jumped by 46.98% to 0.91 in 2024, then plunged by 91.96% to 0.07 in 2025, then tumbled by 98.06% to 0.0 in 2026.
  • Business Quant data shows NXXT's Debt Ratio at 0.0 in Q1 2026, 0.07 in Q4 2025, and 0.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 0.05
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn -
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn 0.10
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 0.54
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -0.17
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn -
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - 0.32
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn 0.22
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn 0.58
10 Nextnrg 41.01 Mn 40.81 Mn 1.71 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00
Dec 31, 2025 0.07
Sep 30, 2025 0.00
Jun 30, 2025 0.61
Dec 31, 2024 0.91
Sep 30, 2024 0.05
Jun 30, 2024 0.34
Mar 31, 2024 1.07
Dec 31, 2023 0.62
Sep 30, 2023 0.12
Jun 30, 2023 0.29
Mar 31, 2023 0.23
Dec 31, 2022 0.28
Sep 30, 2022 0.13
Jun 30, 2022 0.11
Mar 31, 2022 0.06
Dec 31, 2021 0.03
Sep 30, 2021 0.00
Dec 31, 2020 0.08