NXT
Price:
$34.6
Market Cap:
$4.96B
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsi...[Read more]
Industry
Solar
IPO Date
2023-02-09
Stock Exchange
NASDAQ
Ticker
NXT
According to Nextracker Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.11. This represents a change of 9.82% compared to the average of 1.92 of the last 4 quarters.
The mean historical Current Ratio of Nextracker Inc. over the last ten years is 1.47. The current 2.11 Current Ratio has changed 14.26% with respect to the historical average. Over the past ten years (40 quarters), NXT's Current Ratio was at its highest in in the June 2024 quarter at 2.11. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
1.47
Median
1.50
Minimum
0.83
Maximum
1.98
Discovering the peaks and valleys of Nextracker Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 78.60%
Maximum Annual Current Ratio = 1.98
Minimum Annual Increase = -35.67%
Minimum Annual Current Ratio = 0.83
Year | Current Ratio | Change |
---|---|---|
2024 | 1.98 | 15.39% |
2023 | 1.72 | 13.96% |
2022 | 1.51 | 1.21% |
2021 | 1.49 | 78.60% |
2020 | 0.83 | -35.67% |
The current Current Ratio of Nextracker Inc. (NXT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.74
5-year avg
1.51
10-year avg
1.47
Nextracker Inc.’s Current Ratio is
Company | Current Ratio | Market cap |
---|
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nextracker Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Nextracker Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Nextracker Inc.'s Current Ratio?
How is the Current Ratio calculated for Nextracker Inc. (NXT)?
What is the highest Current Ratio for Nextracker Inc. (NXT)?
What is the 3-year average Current Ratio for Nextracker Inc. (NXT)?
What is the 5-year average Current Ratio for Nextracker Inc. (NXT)?
How does the current Current Ratio for Nextracker Inc. (NXT) compare to its historical average?