NEXTracker Inc (NXT)
37.40
-0.19
(-0.51%)
USD |
NASDAQ |
Nov 21, 16:00
37.40
0.00 (0.00%)
After-Hours: 07:21
NEXTracker Debt to Equity Ratio: 0.1154 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.1154 |
| June 30, 2024 | 0.131 |
| March 31, 2024 | 0.1498 |
| December 31, 2023 | -0.0464 |
| September 30, 2023 | -0.0551 |
| June 30, 2023 | -0.0439 |
| Date | Value |
|---|---|
| March 31, 2023 | -0.0478 |
| 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
0.1498
Maximum
Mar 2024
0.0203
Average
--
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Enphase Energy Inc | 1.396 |
| Array Technologies Inc | 1.480 |
| First Solar Inc | 0.0766 |
| Intel Corp | 0.5047 |
| IPG Photonics Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.769B |
| Total Liabilities (Quarterly) | 1.486B |
| Shareholders Equity (Quarterly) | 1.266B |
| Current Ratio | 2.214 |
| Net Debt Paydown Yield | 0.00% |