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