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| Date | Value |
|---|---|
| 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 |