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
DE
Fiscal year end
March 31
Former names
Nextracker LLC (to 9/23/2022)
Latest financial report
10-Q - Q4 2024 - Jan 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 213 % +21.7%
Quick Ratio 22.4 % -9.51%
Debt-to-equity 127 %
Return On Equity 46.1 %
Return On Assets 20.5 % +261%
Operating Margin 25.8 % +64.7%

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 144M shares +131%
Weighted Average Number of Shares Outstanding, Diluted 149M shares +1.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.77B USD +21.5%
Cost of Revenue 1.73B USD +0.52%
Research and Development Expense 72.5M USD +113%
Operating Income (Loss) 714M USD +100%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 732M USD +101%
Income Tax Expense (Benefit) 150M USD +132%
Net Income (Loss) Attributable to Parent 558M USD +445%
Earnings Per Share, Basic 4.68 USD/shares +164%
Earnings Per Share, Diluted 3.94 USD/shares +111%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 694M USD +88.6%
Accounts Receivable, after Allowance for Credit Loss, Current 458M USD +25.4%
Inventory, Net 217M USD +7.22%
Other Assets, Current 347M USD
Assets, Current 1.99B USD +40.6%
Deferred Income Tax Assets, Net 472M USD
Property, Plant and Equipment, Net 48M USD +473%
Operating Lease, Right-of-Use Asset 17.4M USD +421%
Intangible Assets, Net (Excluding Goodwill) 47.5M USD +2809%
Goodwill 371M USD +39.8%
Assets 2.98B USD +42.4%
Accounts Payable, Current 377M USD +0.68%
Employee-related Liabilities, Current 40.8M USD +38.8%
Accrued Liabilities, Current 72.9M USD +3.83%
Liabilities, Current 905M USD +19.1%
Deferred Income Tax Liabilities, Net 8.79M USD +2257%
Other Liabilities, Noncurrent 140M USD -68.1%
Liabilities 1.56B USD +16%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.2M USD
Retained Earnings (Accumulated Deficit) -2.71B USD +17%
Stockholders' Equity Attributable to Parent 1.41B USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.42B USD
Liabilities and Equity 2.98B USD +42.4%

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, 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 694M USD +88.6%
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%
Unrecognized Tax Benefits 349K USD -19.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.1M USD +634%
Additional Paid in Capital 4.12B USD +2561%
Depreciation, Depletion and Amortization 941K USD -10%
Deferred Tax Assets, Net of Valuation Allowance 445M USD +72.9%
Share-based Payment Arrangement, Expense 95.7M USD +38.4%