Nextracker Inc. Class A Common Stock (NXT)

Debt-to-equity ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	1,628,130	961,013	-3,075,770	501,133	456,047
Debt-to-equity ratio		0.00	0.00	—	0.00	0.00

March 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,628,130K
= 0.00

The debt-to-equity ratio of Nextracker Inc. Class A Common Stock provides insight into the company's leverage and financial risk. As per the data provided, the company has maintained a consistent and low debt-to-equity ratio of 0.00 from March 31, 2021, to March 31, 2025. Additionally, there is a missing value (indicated as "—") for the ratio as of March 31, 2023, which could be due to unavailable data or potentially zero debt during that period.

A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount in relation to its equity. This suggests a conservative financing strategy, as the company relies more on equity financing or has efficiently managed its debt levels. It also signifies lower financial risk and greater financial stability, as the company is not heavily burdened by debt obligations.

Overall, Nextracker Inc.'s consistently low debt-to-equity ratio demonstrates a strong financial position and prudent financial management, which could be attractive to investors looking for companies with lower leverage and reduced exposure to financial risks associated with high debt levels.