Nextracker Inc. financial data

Symbol
NXT on Nasdaq
Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
Location
6200 Paseo Padre Parkway, Fremont, CA
State of incorporation
Delaware
Fiscal year end
March 31
Former names
Nextracker LLC (to 9/23/2022)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 193 %
Quick Ratio 23.8 %
Debt-to-equity -156 %
Return On Equity -44.4 % -3204%
Return On Assets 17.6 %
Operating Margin 24.6 % +129%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 137M shares
Common Stock, Shares, Outstanding 62.1M shares
Entity Public Float 2.5B USD
Weighted Average Number of Shares Outstanding, Basic 142M shares +206%
Weighted Average Number of Shares Outstanding, Diluted 149M shares +1.61%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.74B USD +38.5%
Cost of Revenue 1.8B USD +10.8%
Research and Development Expense 53.3M USD +129%
Operating Income (Loss) 673M USD +217%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 687M USD +224%
Income Tax Expense (Benefit) 130M USD +154%
Net Income (Loss) Attributable to Parent 408M USD +1789%
Earnings Per Share, Basic 4.39 USD/shares +95.5%
Earnings Per Share, Diluted 3.78 USD/shares +95.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 472M USD +32.9%
Accounts Receivable, after Allowance for Credit Loss, Current 402M USD +80.4%
Inventory, Net 166M USD +21.5%
Other Assets, Current 296M USD +260%
Assets, Current 1.7B USD +52%
Deferred Income Tax Assets, Net 463M USD
Property, Plant and Equipment, Net 35.3M USD +410%
Operating Lease, Right-of-Use Asset 17.4M USD +421%
Intangible Assets, Net (Excluding Goodwill) 46.5M USD +3593%
Goodwill 328M USD +23.8%
Assets 2.63B USD +58.5%
Accounts Payable, Current 387M USD +32%
Employee-related Liabilities, Current 26.2M USD +78.2%
Accrued Liabilities, Current 69M USD +20.5%
Liabilities, Current 803M USD +18.8%
Deferred Income Tax Liabilities, Net 8.79M USD +2257%
Other Liabilities, Noncurrent 146M USD -47.1%
Liabilities 1.49B USD +35.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -522K USD
Retained Earnings (Accumulated Deficit) -2.94B USD +12.2%
Stockholders' Equity Attributable to Parent 1.12B USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.14B USD
Liabilities and Equity 2.63B USD +58.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 121M USD -46.5%
Net Cash Provided by (Used in) Financing Activities -9.97M USD
Net Cash Provided by (Used in) Investing Activities -113M USD -16190%
Common Stock, Shares Authorized 500M shares
Common Stock, Shares, Issued 98.2M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.18M USD -101%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 472M USD +32.9%
Deferred Tax Assets, Valuation Allowance 1.17M USD -23.2%
Deferred Tax Assets, Gross 446M USD +72.3%
Operating Lease, Liability 17.5M USD +414%
Payments to Acquire Property, Plant, and Equipment 2.89M USD +316%
Lessee, Operating Lease, Liability, to be Paid 19.6M USD +438%
Property, Plant and Equipment, Gross 30.6M USD +24.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.55M USD +627%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.72M USD +136%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.14M USD +752%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.62M USD +837%
Deferred Tax Assets, Operating Loss Carryforwards 3.86M USD -9.83%
Preferred Stock, Shares Authorized 50M shares
Unrecognized Tax Benefits 349K USD -19.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.1M USD +634%
Additional Paid in Capital 4.07B USD
Depreciation, Depletion and Amortization 941K USD -10%
Deferred Tax Assets, Net of Valuation Allowance 445M USD +72.9%
Share-based Payment Arrangement, Expense 70M USD +76.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares