Nextracker Inc. Class A Common Stock (NXT)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,628,130 | 1,406,550 | 1,266,000 | 1,121,390 | 992,028 | -3,117,010 | -2,641,020 | -3,352,380 | -3,075,770 | 96,258 | 86,400 | 527,119 | -3,035 | -3,035 | 463,578 | 508,028 | 456,047 |
| Debt-to-equity ratio | 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,628,130K
= 0.00
The debt-to-equity ratio for Nextracker Inc. Class A Common Stock has consistently been at 0.00 or unavailable (indicated by "\u2014") for the period from March 31, 2021, to March 31, 2025. A debt-to-equity ratio of 0.00 typically indicates that the company has no debt or a very minimal amount of debt in relation to its equity. This suggests that the company's capital structure relies more heavily on equity financing rather than debt financing. A lower debt-to-equity ratio is generally seen as a positive indicator of financial health as it signifies lower financial risk and less dependency on borrowed funds. In the case of Nextracker Inc., the consistently low or zero debt-to-equity ratio reflects a conservative financing approach and potentially a strong financial position with less leverage.
Peer comparison
Mar 31, 2025