Growth Metrics

Nextnrg (NXXT) Interest Coverage Ratio (2020 - 2025)

Nextnrg (NXXT) has disclosed Interest Coverage Ratio for 5 consecutive years, with 2.05 as the latest value for Q3 2025.

  • On a quarterly basis, Interest Coverage Ratio fell 366.1% to 2.05 in Q3 2025 year-over-year; TTM through Sep 2025 was 10.8, a 1129.21% decrease, with the full-year FY2024 number at 0.88, up 82.21% from a year prior.
  • Interest Coverage Ratio was 2.05 for Q3 2025 at Nextnrg, up from 33.34 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 0.44 in Q3 2024 to a low of 462.37 in Q4 2021.
  • A 5-year average of 83.74 and a median of 11.0 in 2021 define the central range for Interest Coverage Ratio.
  • Peak YoY movement for Interest Coverage Ratio: plummeted 3662.42% in 2022, then surged 98.19% in 2023.
  • Nextnrg's Interest Coverage Ratio stood at 462.37 in 2021, then surged by 60.27% to 183.69 in 2022, then soared by 98.19% to 3.32 in 2023, then tumbled by 904.55% to 33.34 in 2024, then surged by 93.85% to 2.05 in 2025.
  • Per Business Quant, the three most recent readings for NXXT's Interest Coverage Ratio are 2.05 (Q3 2025), 33.34 (Q4 2024), and 0.44 (Q3 2024).