Nextnrg (NXXT) Interest Coverage Ratio (2020 - 2026)
Nextnrg (NXXT) posted quarterly Interest Coverage Ratio of 12.57 for Q1 2026, down 626.24% year-over-year from 2.39 in Q1 2025, and down 710.07% quarter-over-quarter from 2.06 in Q4 2025.
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Analysis
Nextnrg (NXXT) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Nextnrg (NXXT) has reported Interest Coverage Ratio for 7 consecutive years, with 12.57 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 626.24% year-over-year to 12.57; the TTM figure through Mar 2026 stood at 92.84 (down 1877.51% YoY), while the FY2025 annual figure was 4.06, down 403.31% from the prior year.
- Interest Coverage Ratio slipped to 12.57 in Q1 2026 per NXXT's latest filing, from 2.06 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.06 in Q4 2025 and bottomed at 183.69 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 30.12 across 5 years, with a median of 7.12 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio slumped 4036.79% — and 2025, when it jumped 103.42%.
- Nextnrg's Interest Coverage Ratio stood at 183.69 in 2022, then soared by 98.78% to 2.24 in 2023, then slumped by 2591.28% to 60.34 in 2024, then jumped by 103.42% to 2.06 in 2025, then sank by 710.07% to 12.57 in 2026.
- Business Quant data shows NXXT's Interest Coverage Ratio at 12.57 in Q1 2026, 2.06 in Q4 2025, and 2.05 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 31.06 Bn | 28.74 Bn | 2.59 Bn | -1.12 |
| 2 | Enlight Renewable Energy | 9.61 Bn | 8.31 Bn | 117.49 Mn | -1.51 |
| 3 | Ormat Technologies | 6.44 Bn | 5.78 Bn | 68.70 Mn | 0.78 |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | -0.64 |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 1.10 |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.41 Bn | 839.75 Mn | 33.24 Mn | - |
| 8 | XPLR Infrastructure | 1.13 Bn | 1.13 Bn | 219.00 Mn | - |
| 9 | Energy Vault Holdings | 648.08 Mn | 540.73 Mn | 5.38 Mn | -5.88 |
| 10 | Nextnrg | 34.58 Mn | 33.69 Mn | 1.96 Mn | -1.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.65 |
| Mar 31, 2026 | -14.83 |
| Dec 31, 2025 | -4.71 |
| Sep 30, 2025 | -2.05 |
| Jun 30, 2025 | -7.12 |
| Mar 31, 2025 | -1.73 |
| Dec 31, 2024 | 3.27 |
| Sep 30, 2024 | -0.44 |
| Jun 30, 2024 | -0.85 |
| Mar 31, 2024 | -2.82 |
| Dec 31, 2023 | -3.26 |
| Sep 30, 2023 | -2.59 |
| Jun 30, 2023 | -168.68 |
| Mar 31, 2023 | -46.38 |
| Dec 31, 2022 | -183.69 |
| Sep 30, 2022 | -137.06 |
| Jun 30, 2022 | -149.16 |
| Mar 31, 2022 | -362.34 |
| Dec 31, 2021 | -462.37 |
| Sep 30, 2021 | -3.74 |