Nextracker Inc. Class A Common Stock (NXT)
Current ratio
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Total current assets | US$ in thousands | 1,768,240 | 872,265 |
| Total current liabilities | US$ in thousands | 891,486 | 507,426 |
| Current ratio | 1.98 | 1.72 |
March 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,768,240K ÷ $891,486K
= 1.98
Peer comparison
Mar 31, 2024
Company name
Symbol
Current ratio
Nextracker Inc. Class A Common Stock
NXT
1.98
Garmin Ltd
GRMN
3.41
L3Harris Technologies Inc
LHX
1.01
Northrop Grumman Corporation
NOC
1.15
Teledyne Technologies Incorporated
TDY
1.69