Nextracker Inc. Class A Common Stock (NXT)
Return on total capital
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 587,118 | 168,485 |
| Long-term debt | US$ in thousands | 143,967 | 147,147 |
| Total stockholders’ equity | US$ in thousands | 961,013 | -3,075,770 |
| Return on total capital | 53.13% | — |
March 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $587,118K ÷ ($143,967K + $961,013K)
= 53.13%
Peer comparison
Mar 31, 2024
Company name
Symbol
Return on total capital
Nextracker Inc. Class A Common Stock
NXT
53.13%
Garmin Ltd
GRMN
15.58%
L3Harris Technologies Inc
LHX
4.77%
Northrop Grumman Corporation
NOC
8.88%
Teledyne Technologies Incorporated
TDY
8.72%