Nextracker Cost Of Revenue vs Capex To Revenue Analysis

NXT Stock

43.70 1.33 3.14%

Nextracker financial indicator trend analysis is infinitely more than just investigating Nextracker Class A recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nextracker Class A is a good investment. Please check the relationship between Nextracker Cost Of Revenue and its Capex To Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextracker Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Cost Of Revenue vs Capex To Revenue

Cost Of Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextracker Class A Cost Of Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Nextracker's Cost Of Revenue and Capex To Revenue is -0.8. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Nextracker Class A, assuming nothing else is changed. The correlation between historical values of Nextracker's Cost Of Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Nextracker Class A are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., Nextracker's Cost Of Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

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Cost Of Revenue

Cost of Revenue is found on Nextracker Class A income statement and represents the costs associated with goods and services Nextracker provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Nextracker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nextracker Class A current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextracker Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, Nextracker's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 135 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop 7.39 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	287.0M	813.0M	935.0M	981.8M
Total Revenue	1.9B	2.5B	2.9B	1.6B

Gross Profit Total Revenue

Nextracker fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab
Total Assets		0.87	0.88	0.14	0.84	0.97	-0.89	-0.9	0.87	0.98	0.84	0.97	0.98	0.87	-0.78	0.95	0.93	0.84	0.98	0.97	0.98	1.0	-0.81	-0.81	0.94	0.81
Other Current Liab	0.87		0.99	0.09	0.92	0.88	-0.79	-0.83	0.99	0.83	0.92	0.83	0.83	0.98	-0.45	0.82	0.88	0.96	0.85	0.83	0.9	0.88	-0.83	-0.83	0.81	0.89
Total Current Liabilities	0.88	0.99		0.05	0.91	0.9	-0.82	-0.84	0.99	0.85	0.92	0.82	0.86	0.98	-0.44	0.83	0.87	0.96	0.84	0.82	0.9	0.89	-0.86	-0.81	0.82	0.91
Total Stockholder Equity	0.14	0.09	0.05		0.02	-0.03	-0.44	0.25	0.16	0.25	0.01	0.37	0.22	-0.07	-0.27	-0.13	-0.01	-0.06	0.32	0.33	0.06	0.15	0.2	0.23	-0.16	-0.21
Property Plant And Equipment Net	0.84	0.92	0.91	0.02		0.79	-0.72	-0.83	0.9	0.79	0.92	0.79	0.79	0.96	-0.43	0.82	0.88	0.9	0.82	0.79	0.86	0.84	-0.73	-0.81	0.81	0.89
Current Deferred Revenue	0.97	0.88	0.9	-0.03	0.79		-0.82	-0.94	0.87	0.93	0.83	0.89	0.94	0.89	-0.71	0.96	0.93	0.88	0.92	0.9	0.97	0.97	-0.89	-0.86	0.95	0.85
Net Debt	-0.89	-0.79	-0.82	-0.44	-0.72	-0.82		0.69	-0.85	-0.95	-0.75	-0.92	-0.95	-0.75	0.64	-0.75	-0.75	-0.73	-0.91	-0.91	-0.83	-0.9	0.68	0.54	-0.74	-0.67
Retained Earnings	-0.9	-0.83	-0.84	0.25	-0.83	-0.94	0.69		-0.79	-0.84	-0.88	-0.8	-0.85	-0.89	0.56	-0.98	-0.88	-0.82	-0.83	-0.82	-0.89	-0.89	0.8	0.87	-0.98	-0.83
Accounts Payable	0.87	0.99	0.99	0.16	0.9	0.87	-0.85	-0.79		0.85	0.89	0.82	0.86	0.96	-0.44	0.79	0.85	0.96	0.85	0.82	0.89	0.88	-0.84	-0.77	0.77	0.9
Cash	0.98	0.83	0.85	0.25	0.79	0.93	-0.95	-0.84	0.85		0.82	0.97	1.0	0.82	-0.77	0.91	0.86	0.78	0.97	0.97	0.93	0.98	-0.76	-0.69	0.89	0.74
Non Current Assets Total	0.84	0.92	0.92	0.01	0.92	0.83	-0.75	-0.88	0.89	0.82		0.81	0.82	0.94	-0.42	0.86	0.77	0.82	0.82	0.83	0.8	0.83	-0.66	-0.72	0.87	0.79
Non Currrent Assets Other	0.97	0.83	0.82	0.37	0.79	0.89	-0.92	-0.8	0.82	0.97	0.81		0.96	0.79	-0.8	0.87	0.85	0.74	1.0	1.0	0.91	0.96	-0.66	-0.7	0.86	0.66
Cash And Short Term Investments	0.98	0.83	0.86	0.22	0.79	0.94	-0.95	-0.85	0.86	1.0	0.82	0.96		0.83	-0.76	0.91	0.86	0.79	0.96	0.96	0.93	0.98	-0.78	-0.69	0.9	0.76
Net Receivables	0.87	0.98	0.98	-0.07	0.96	0.89	-0.75	-0.89	0.96	0.82	0.94	0.79	0.83		-0.43	0.87	0.9	0.96	0.82	0.8	0.9	0.88	-0.85	-0.86	0.86	0.94
Good Will	-0.78	-0.45	-0.44	-0.27	-0.43	-0.71	0.64	0.56	-0.44	-0.77	-0.42	-0.8	-0.76	-0.43		-0.71	-0.68	-0.42	-0.79	-0.79	-0.73	-0.77	0.48	0.51	-0.69	-0.41
Common Stock Shares Outstanding	0.95	0.82	0.83	-0.13	0.82	0.96	-0.75	-0.98	0.79	0.91	0.86	0.87	0.91	0.87	-0.71		0.9	0.8	0.9	0.89	0.93	0.94	-0.79	-0.84	1.0	0.8
Non Current Liabilities Total	0.93	0.88	0.87	-0.01	0.88	0.93	-0.75	-0.88	0.85	0.86	0.77	0.85	0.86	0.9	-0.68	0.9		0.92	0.89	0.85	0.98	0.94	-0.89	-0.94	0.88	0.9
Inventory	0.84	0.96	0.96	-0.06	0.9	0.88	-0.73	-0.82	0.96	0.78	0.82	0.74	0.79	0.96	-0.42	0.8	0.92		0.78	0.74	0.91	0.86	-0.93	-0.89	0.78	0.97
Other Current Assets	0.98	0.85	0.84	0.32	0.82	0.92	-0.91	-0.83	0.85	0.97	0.82	1.0	0.96	0.82	-0.79	0.9	0.89	0.78		0.99	0.94	0.98	-0.71	-0.75	0.88	0.72
Other Stockholder Equity	0.97	0.83	0.82	0.33	0.79	0.9	-0.91	-0.82	0.82	0.97	0.83	1.0	0.96	0.8	-0.79	0.89	0.85	0.74	0.99		0.91	0.96	-0.66	-0.71	0.88	0.66
Total Liab	0.98	0.9	0.9	0.06	0.86	0.97	-0.83	-0.89	0.89	0.93	0.8	0.91	0.93	0.9	-0.73	0.93	0.98	0.91	0.94	0.91		0.98	-0.89	-0.9	0.91	0.88
Total Current Assets	1.0	0.88	0.89	0.15	0.84	0.97	-0.9	-0.89	0.88	0.98	0.83	0.96	0.98	0.88	-0.77	0.94	0.94	0.86	0.98	0.96	0.98		-0.83	-0.82	0.93	0.82
Intangible Assets	-0.81	-0.83	-0.86	0.2	-0.73	-0.89	0.68	0.8	-0.84	-0.76	-0.66	-0.66	-0.78	-0.85	0.48	-0.79	-0.89	-0.93	-0.71	-0.66	-0.89	-0.83		0.86	-0.78	-0.94
Common Stock	-0.81	-0.83	-0.81	0.23	-0.81	-0.86	0.54	0.87	-0.77	-0.69	-0.72	-0.7	-0.69	-0.86	0.51	-0.84	-0.94	-0.89	-0.75	-0.71	-0.9	-0.82	0.86		-0.83	-0.87
Short Long Term Debt Total	0.94	0.81	0.82	-0.16	0.81	0.95	-0.74	-0.98	0.77	0.89	0.87	0.86	0.9	0.86	-0.69	1.0	0.88	0.78	0.88	0.88	0.91	0.93	-0.78	-0.83		0.79
Other Liab	0.81	0.89	0.91	-0.21	0.89	0.85	-0.67	-0.83	0.9	0.74	0.79	0.66	0.76	0.94	-0.41	0.8	0.9	0.97	0.72	0.66	0.88	0.82	-0.94	-0.87	0.79

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Nextracker Account Relationship Matchups

Nextracker fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	881.0M	1.0B	1.4B	2.5B	2.9B	3.0B
Other Current Liab	82.5M	128.9M	117.7M	209.3M	240.7M	128.1M
Total Current Liabilities	391.4M	473.4M	507.4M	891.5M	1.0B	514.4M
Total Stockholder Equity	456.0M	(3.0M)	(3.1B)	961.0M	864.9M	908.2M
Property Plant And Equipment Net	5.0M	7.4M	7.3M	9.2M	10.6M	7.0M
Current Deferred Revenue	77.4M	77.9M	176.5M	225.5M	259.4M	272.3M
Net Debt	(186.1M)	(24.6M)	17.1M	(330.1M)	(297.1M)	(282.2M)
Retained Earnings	456.0M	(3.0M)	(3.1B)	(3.1B)	(2.8B)	(2.6B)
Accounts Payable	231.5M	266.6M	211.4M	456.6M	525.1M	265.3M
Cash	190.6M	29.1M	130.0M	474.1M	545.2M	572.4M
Non Current Assets Total	297.7M	303.2M	547.4M	750.5M	863.1M	465.6M
Non Currrent Assets Other	16.5M	28.1M	16.6M	474.6M	545.8M	573.1M
Cash And Short Term Investments	218.0M	38.4M	159.3M	474.1M	545.2M	572.4M
Net Receivables	268.2M	460.7M	569.1M	779.8M	896.8M	456.2M
Liabilities And Stockholders Equity	881.0M	1.0B	1.4B	2.5B	2.9B	3.0B
Non Current Liabilities Total	33.6M	547.0M	427.4M	635.3M	730.6M	767.1M
Inventory	84.5M	172.2M	138.1M	201.7M	232.0M	127.8M
Other Current Assets	12.6M	52.1M	35.1M	312.6M	359.5M	377.5M
Other Stockholder Equity	(456.0M)	(504.2M)	0.0	4.0B	4.6B	4.9B
Total Liab	424.9M	1.0B	934.8M	1.5B	1.8B	1.8B
Total Current Assets	583.3M	714.1M	872.3M	1.8B	2.0B	2.1B
Intangible Assets	11.0M	2.5M	1.3M	1.5M	1.4M	1.3M
Common Stock	231.1M	456.0M	15K	14K	12.6K	12.0K
Short Term Debt	64.4M	65.5M	1.9M	7.6M	6.8M	6.5M

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