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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 1.51 |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | 0.78 |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 0.21 |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 1.10 |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 0.02 |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -1.28 |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | 2.00 |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -2.43 |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | -1.43 |
| 10 | Nextnrg | 41.01 Mn | 40.81 Mn | 1.71 Mn | -12.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.57 |
| Dec 31, 2025 | 2.06 |
| Sep 30, 2025 | -2.05 |
| Jun 30, 2025 | -7.12 |
| Mar 31, 2025 | -1.73 |
| Dec 31, 2024 | -60.34 |
| Sep 30, 2024 | -0.44 |
| Jun 30, 2024 | -0.85 |
| Mar 31, 2024 | -1.96 |
| Dec 31, 2023 | -2.24 |
| Sep 30, 2023 | -2.59 |
| Jun 30, 2023 | -27.62 |
| Mar 31, 2023 | -44.83 |
| Dec 31, 2022 | -183.69 |
| Sep 30, 2022 | -137.06 |
| Jun 30, 2022 | -15.69 |
| Mar 31, 2022 | -13.26 |
| Dec 31, 2021 | -462.37 |
| Sep 30, 2021 | -3.31 |
| Jun 30, 2021 | -15.47 |