Nextracker Inc. Class A Common Stock (NXT)

Debt-to-assets ratio

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Long-term debt US$ in thousands
Total assets US$ in thousands 3,192,520 2,983,560 2,768,660 2,626,930 2,518,780 2,095,120 2,033,560 1,656,870 1,419,680 1,259,700 1,287,760 1,129,500 1,017,290 1,017,290 944,915 976,958 880,969
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,192,520K
= 0.00

The debt-to-assets ratio of Nextracker Inc. Class A Common Stock has consistently remained at 0.00 over the period from March 31, 2021, to March 31, 2025. This indicates that the company has not used any debt to finance its assets during this time frame. A debt-to-assets ratio of 0.00 typically suggests that the company's assets are entirely financed by equity, giving a clear indication that Nextracker Inc. has a low risk of financial distress related to debt obligations. It also implies that the company may be following a conservative financial strategy, prioritizing equity financing over debt to maintain financial stability and flexibility.


Peer comparison

Mar 31, 2025