Nextracker Class A Stock Cash And Equivalents
| NXT Stock | 43.70 1.33 3.14% |
Nextracker Class A fundamentals help investors to digest information that contributes to Nextracker's financial success or failures. It also enables traders to predict the movement of Nextracker Stock. The fundamental analysis module provides a way to measure Nextracker's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextracker stock.
Nextracker | Cash And Equivalents |
Nextracker Class A Company Cash And Equivalents Analysis
Nextracker's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Nextracker Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Nextracker is extremely important. It helps to project a fair market value of Nextracker Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Nextracker's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nextracker's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nextracker's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Nextracker Class A has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Electrical Equipment sector and 100.0% lower than that of the Industrials industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
Nextracker Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextracker's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextracker could also be used in its relative valuation, which is a method of valuing Nextracker by comparing valuation metrics of similar companies.Nextracker is currently under evaluation in cash and equivalents category among its peers.
Nextracker Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nextracker from analyzing Nextracker's financial statements. These drivers represent accounts that assess Nextracker's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nextracker's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Enterprise Value | 987.7M | 1.4B | 1.7B | 4.0B | 3.6B | 3.8B |
Nextracker ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nextracker's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextracker's managers, analysts, and investors.Environmental | Governance | Social |
Nextracker Fundamentals
| Return On Equity | 0.54 | ||||
| Return On Asset | 0.18 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 5.63 B | ||||
| Shares Outstanding | 143.71 M | ||||
| Shares Owned By Insiders | 0.51 % | ||||
| Shares Owned By Institutions | 99.49 % | ||||
| Number Of Shares Shorted | 10.16 M | ||||
| Price To Book | 4.33 X | ||||
| Price To Sales | 2.29 X | ||||
| Revenue | 2.5 B | ||||
| Gross Profit | 922.2 M | ||||
| EBITDA | 591.48 M | ||||
| Net Income | 306.24 M | ||||
| Cash Per Share | 3.06 X | ||||
| Total Debt | 143.97 M | ||||
| Debt To Equity | 3.07 % | ||||
| Current Ratio | 1.40 X | ||||
| Book Value Per Share | 9.79 X | ||||
| Cash Flow From Operations | 428.97 M | ||||
| Short Ratio | 2.99 X | ||||
| Earnings Per Share | 4.12 X | ||||
| Price To Earnings To Growth | 3.96 X | ||||
| Target Price | 55.24 | ||||
| Number Of Employees | 1.05 K | ||||
| Beta | 2.25 | ||||
| Market Capitalization | 6.36 B | ||||
| Total Asset | 2.52 B | ||||
| Retained Earnings | (3.07 B) | ||||
| Working Capital | 876.75 M | ||||
| Current Asset | 1.64 B | ||||
| Current Liabilities | 1.17 B | ||||
| Net Asset | 2.52 B |
About Nextracker Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nextracker Class A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextracker using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextracker Class A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.