Nextracker Inc. financial data

Symbol
NXT on Nasdaq
Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
Location
6200 Paseo Padre Parkway, Fremont, California
State of incorporation
Delaware
Fiscal year end
March 31
Former names
Nextracker LLC (to 9/23/2022)
Latest financial report
Q1 2024 - May 28, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 182 %
Quick Ratio 23.8 %
Debt-to-equity -65.4 %
Return On Equity -15 % -10010%
Return On Assets 14.8 %
Operating Margin 23.5 % +165%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 137M shares
Common Stock, Shares, Outstanding 62.1M shares
Entity Public Float 2.5B USD
Weighted Average Number of Shares Outstanding, Basic 77.1M shares +68%
Weighted Average Number of Shares Outstanding, Diluted 147M shares +0.98%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.5B USD +31.4%
Cost of Revenue 1.69B USD +4.44%
Research and Development Expense 42.4M USD +95.9%
Operating Income (Loss) 587M USD +248%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 608M USD +260%
Income Tax Expense (Benefit) 112M USD +134%
Net Income (Loss) Attributable to Parent 306M USD +26693%
Earnings Per Share, Basic 3.97 USD/shares +19750%
Earnings Per Share, Diluted 3.37 USD/shares +16750%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 474M USD +265%
Accounts Receivable, after Allowance for Credit Loss, Current 383M USD +41.1%
Inventory, Net 202M USD +46.1%
Other Assets, Current 313M USD +791%
Assets, Current 1.77B USD +103%
Deferred Income Tax Assets, Net 438M USD +72%
Property, Plant and Equipment, Net 9.24M USD +27.3%
Operating Lease, Right-of-Use Asset 17.4M USD +421%
Intangible Assets, Net (Excluding Goodwill) 1.55M USD +17%
Goodwill 265M USD 0%
Assets 2.52B USD +77.4%
Accounts Payable, Current 457M USD +116%
Employee-related Liabilities, Current 39.2M USD +158%
Accrued Liabilities, Current 82.4M USD +37.9%
Liabilities, Current 891M USD +75.7%
Deferred Income Tax Liabilities, Net 8.79M USD +2257%
Other Liabilities, Noncurrent 491M USD +75.3%
Liabilities 1.53B USD +63.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 17K USD
Retained Earnings (Accumulated Deficit) -3.07B USD +0.3%
Stockholders' Equity Attributable to Parent 961M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 992M USD
Liabilities and Equity 2.52B USD +77.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 429M USD +298%
Net Cash Provided by (Used in) Financing Activities -78.3M USD -2091%
Net Cash Provided by (Used in) Investing Activities -6.66M USD -111%
Common Stock, Shares Authorized 500M shares
Common Stock, Shares, Issued 98.2M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 344M USD +241%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 474M USD +265%
Deferred Tax Assets, Valuation Allowance 1.17M USD -23.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 446M USD +72.3%
Operating Lease, Liability 17.5M USD +414%
Depreciation 4.1M USD +20.6%
Payments to Acquire Property, Plant, and Equipment 6.16M USD +93.5%
Lessee, Operating Lease, Liability, to be Paid 19.6M USD +438%
Property, Plant and Equipment, Gross 30.6M USD +24.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.55M USD +627%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.72M USD +136%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.3%
Deferred Income Tax Expense (Benefit) 38.6M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.14M USD +752%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.62M USD +837%
Deferred Tax Assets, Operating Loss Carryforwards 3.86M USD -9.83%
Current Income Tax Expense (Benefit) 73.2M USD +36.9%
Preferred Stock, Shares Authorized 50M shares
Unrecognized Tax Benefits 349K USD -19.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.1M USD +634%
Operating Lease, Payments 2.3M USD +19.2%
Additional Paid in Capital 4.03B USD
Amortization of Intangible Assets 275K USD -77.2%
Depreciation, Depletion and Amortization 4.36M USD -5.69%
Deferred Tax Assets, Net of Valuation Allowance 445M USD +72.9%
Share-based Payment Arrangement, Expense 56.8M USD +77.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares