Nextracker Class A Stock Working Capital

NXT Stock

35.30 0.17 0.48%

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.

	Last Reported	Projected for Next Year
Net Working Capital	876.7 M	460.4 M
Change In Working Capital	-71.6 M	-75.2 M

Net Working Capital is likely to drop to about 460.4 M in 2024. Change In Working Capital is likely to drop to about (75.2 M) in 2024.

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Nextracker Class A Company Working Capital Analysis

Nextracker's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

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Current Nextracker Working Capital

876.75 M

Most of Nextracker's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextracker Class A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nextracker Working Capital 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 Working Capital. 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.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Short Term Debt	Property Plant Equipment	Short Term Investments	Net Invested Capital	Net Working Capital	Long Term Debt
Total Assets		-0.1	0.94	-0.75	-0.86	0.95	0.97	-0.59	0.95	0.88	-0.79	-0.77	-0.6	0.15	0.94	0.18	0.51	0.97	-0.31
Total Stockholder Equity	-0.1		-0.3	-0.42	0.33	0.05	-0.25	-0.33	-0.17	0.06	0.27	0.31	0.33	0.04	-0.22	-0.01	0.57	0.07	-0.27
Current Deferred Revenue	0.94	-0.3		-0.64	-0.89	0.91	0.95	-0.54	0.93	0.85	-0.89	-0.82	-0.59	0.18	0.9	0.15	0.38	0.86	-0.32
Net Debt	-0.75	-0.42	-0.64		0.64	-0.8	-0.65	0.85	-0.65	-0.88	0.63	0.45	0.2	-0.23	-0.6	-0.18	-0.84	-0.79	0.67
Retained Earnings	-0.86	0.33	-0.89	0.64		-0.74	-0.89	0.72	-0.82	-0.89	0.77	0.84	0.72	0.09	-0.85	-0.2	-0.51	-0.84	0.57
Accounts Payable	0.95	0.05	0.91	-0.8	-0.74		0.93	-0.6	0.95	0.88	-0.87	-0.76	-0.5	0.39	0.91	-0.02	0.47	0.89	-0.34
Net Receivables	0.97	-0.25	0.95	-0.65	-0.89	0.93		-0.56	0.99	0.87	-0.87	-0.88	-0.72	0.22	0.99	0.01	0.35	0.9	-0.32
Good Will	-0.59	-0.33	-0.54	0.85	0.72	-0.6	-0.56		-0.55	-0.88	0.55	0.59	0.46	0.06	-0.54	-0.06	-0.84	-0.68	0.93
Total Liab	0.95	-0.17	0.93	-0.65	-0.82	0.95	0.99	-0.55		0.86	-0.9	-0.89	-0.71	0.33	0.99	-0.12	0.32	0.87	-0.32
Total Current Assets	0.88	0.06	0.85	-0.88	-0.89	0.88	0.87	-0.88	0.86		-0.83	-0.81	-0.6	0.17	0.85	0.03	0.68	0.87	-0.72
Intangible Assets	-0.79	0.27	-0.89	0.63	0.77	-0.87	-0.87	0.55	-0.9	-0.83		0.84	0.55	-0.53	-0.85	0.25	-0.21	-0.65	0.44
Common Stock	-0.77	0.31	-0.82	0.45	0.84	-0.76	-0.88	0.59	-0.89	-0.81	0.84		0.91	-0.15	-0.9	0.28	-0.22	-0.7	0.47
Net Tangible Assets	-0.6	0.33	-0.59	0.2	0.72	-0.5	-0.72	0.46	-0.71	-0.6	0.55	0.91		0.12	-0.78	0.28	-0.12	-0.58	0.36
Short Term Debt	0.15	0.04	0.18	-0.23	0.09	0.39	0.22	0.06	0.33	0.17	-0.53	-0.15	0.12		0.25	-0.64	-0.3	-0.03	0.05
Property Plant Equipment	0.94	-0.22	0.9	-0.6	-0.85	0.91	0.99	-0.54	0.99	0.85	-0.85	-0.9	-0.78	0.25		-0.11	0.3	0.87	-0.3
Short Term Investments	0.18	-0.01	0.15	-0.18	-0.2	-0.02	0.01	-0.06	-0.12	0.03	0.25	0.28	0.28	-0.64	-0.11		0.48	0.29	0.09
Net Invested Capital	0.51	0.57	0.38	-0.84	-0.51	0.47	0.35	-0.84	0.32	0.68	-0.21	-0.22	-0.12	-0.3	0.3	0.48		0.67	-0.69
Net Working Capital	0.97	0.07	0.86	-0.79	-0.84	0.89	0.9	-0.68	0.87	0.87	-0.65	-0.7	-0.58	-0.03	0.87	0.29	0.67		-0.38
Long Term Debt	-0.31	-0.27	-0.32	0.67	0.57	-0.34	-0.32	0.93	-0.32	-0.72	0.44	0.47	0.36	0.05	-0.3	0.09	-0.69	-0.38

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

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Working Capital Over Time

Nextracker Net Invested Capital

Net Invested Capital

1.16 Billion

At this time, Nextracker's Net Invested Capital is comparatively stable compared to the past year.

Based on the company's disclosures, Nextracker Class A has a Working Capital of 876.75 M. This is 172.1% higher than that of the Electrical Equipment sector and 36.03% lower than that of the Industrials industry. The working capital for all United States stocks is 40.69% higher than that of the company.

Nextracker Working Capital 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 Working Capital 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 working capital category among its peers.

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	0.61
	Return On Asset	0.19
	Profit Margin	0.17 %
	Operating Margin	0.21 %
	Current Valuation	4.75 B
	Shares Outstanding	143.64 M
	Shares Owned By Insiders	0.43 %
	Shares Owned By Institutions	99.57 %
	Number Of Shares Shorted	11.89 M
	Price To Book	4.02 X
	Price To Sales	1.87 X
	Revenue	2.5 B
	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	8.81 X
	Cash Flow From Operations	428.97 M
	Short Ratio	3.63 X
	Earnings Per Share	4.00 X
	Price To Earnings To Growth	2.51 X
	Target Price	54.11
	Number Of Employees	1.05 K
	Market Capitalization	5.23 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.

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