Nextnrg (NXXT) Short-term Investments (2021 - 2023)

Nextnrg (NXXT) posted quarterly Short-term Investments of $978479.0 for Q1 2023, down 70.38% year-over-year from $3.3 million in Q1 2022, and down 53.85% quarter-over-quarter from $2.1 million in Q4 2022.

Nextnrg (NXXT) Short-term Investments (2021 - 2023) Analysis & Trends

Nextnrg (NXXT) has reported Short-term Investments for 3 consecutive years, with $978479.0 the latest figure, recorded in Q1 2023.

  • In Q1 2023, Short-term Investments fell 70.38% year-over-year to $978479.0; the TTM figure through Mar 2023 stood at $978479.0 (down 70.38% YoY), while the FY2022 annual figure was $2.1 million, down 36.96% from the prior year.
  • Short-term Investments retreated to $978479.0 in Q1 2023 per NXXT's latest filing, from $2.1 million in the prior quarter.
  • Across five years, Short-term Investments topped out at $3.4 million in Q4 2021 and bottomed at $978479.0 in Q1 2023.
  • Historically, Short-term Investments has averaged $2.5 million across 3 years, with a median of $2.6 million in 2022.
  • Annual changes were most pronounced in 2022 — Short-term Investments tumbled 36.96% — and 2023, when it plunged 70.38%.
  • Nextnrg's Short-term Investments stood at $3.4 million in 2021, then sank by 36.96% to $2.1 million in 2022, then tumbled by 53.85% to $978479.0 in 2023.
  • Business Quant data shows NXXT's Short-term Investments at $978479.0 in Q1 2023, $2.1 million in Q4 2022, and $2.4 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn
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
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn
7 XPLR Infrastructure 1.08 Bn 584.55 Mn -
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn
10 Nextnrg 41.01 Mn 40.81 Mn 1.71 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 978,479.00
Dec 31, 2022 2.12 Mn
Sep 30, 2022 2.43 Mn
Jun 30, 2022 2.77 Mn
Mar 31, 2022 3.30 Mn
Dec 31, 2021 3.36 Mn