Nextracker Debt To Equity from 2010 to 2024

NXT Stock   36.41  1.11  3.14%   
Nextracker Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.14980755
Current Value
0.16
Quarterly Volatility
0.20559965
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Nextracker Class A over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Nextracker's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextracker's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.07 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Nextracker Debt To Equity Regression Statistics

Arithmetic Mean(0.24)
Coefficient Of Variation(87.24)
Mean Deviation0.18
Median(0.37)
Standard Deviation0.21
Sample Variance0.04
Range0.5301
R-Value0.83
Mean Square Error0.01
R-Squared0.69
Significance0.0001
Slope0.04
Total Sum of Squares0.59

Nextracker Debt To Equity History

2024 0.16
2023 0.15
2020 -0.0478

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt To Equity 0.15  0.16 

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Additional Tools for Nextracker Stock Analysis

When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.