Nextracker Net Debt To E B I T D A from 2010 to 2024

NXT Stock   35.30  0.17  0.48%   
Nextracker Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA will likely drop to -0.59 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
(0.56)
Current Value
(0.59)
Quarterly Volatility
0.30601522
 
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 Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Nextracker Class A over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Nextracker's Net Debt To EBITDA 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.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Nextracker Net Debt To E B I T D A Regression Statistics

Arithmetic Mean(0.60)
Coefficient Of Variation(51.03)
Mean Deviation0.22
Median(0.73)
Standard Deviation0.31
Sample Variance0.09
Range1.1595
R-Value0.43
Mean Square Error0.08
R-Squared0.19
Significance0.11
Slope0.03
Total Sum of Squares1.31

Nextracker Net Debt To E B I T D A History

2024 -0.59
2023 -0.56
2022 0.0982
2021 -0.32
2020 -1.06
2019 0.0147

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, 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
Net Debt To EBITDA(0.56)(0.59)

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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.