NEXTracker Inc (NXT)
46.08
+2.39
(+5.47%)
USD |
NASDAQ |
May 03, 11:28
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 |
| SunPower Corp | 1.127 |
| NVIDIA Corp | 0.2259 |
| Enphase Energy Inc | 1.404 |
| Kulicke & Soffa Industries Inc | 0.00 |
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% |