NEXTracker Inc (NXT)
42.25
-0.95
(-2.20%)
USD |
NASDAQ |
May 10, 16:00
42.84
+0.59
(+1.40%)
After-Hours: 20:00
NEXTracker Debt to Equity Ratio: -0.0464 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | -0.0464 |
September 30, 2023 | -0.0551 |
June 30, 2023 | -0.0439 |
March 31, 2023 | -0.0478 |
Date | Value |
---|---|
December 31, 2022 | 0.00 |
September 30, 2022 | 0.00 |
June 30, 2022 | |
March 31, 2022 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-0.0551
Minimum
Sep 2023
--
Maximum
Mar 2022
-0.0276
Average
-0.0439
Median
Jun 2023
Debt to Equity Ratio Benchmarks
First Solar Inc | 0.0898 |
Enphase Energy Inc | 1.404 |
Array Technologies Inc | 1.118 |
NVIDIA Corp | 0.2259 |
SunPower Corp | 1.127 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 2.095B |
Total Liabilities (Quarterly) | 1.344B |
Shareholders Equity (Quarterly) | -3.117B |
Current Ratio | 1.868 |
Net Debt Paydown Yield | -1.00% |