Nextpower Inc. - Asset Resilience Ratio
Nextpower Inc. (NXT) has an Asset Resilience Ratio of 4.82% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Nextpower Inc. (NXT) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Nextpower Inc.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see how large is Nextpower Inc.'s balance sheet.
Liquid Assets Composition Over Time
This chart breaks down Nextpower Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read NXT liabilities breakdown for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $98.00 Million | 4.82% |
| Total Liquid Assets | $98.00 Million | 4.82% |
Asset Resilience Insights
- Limited Liquidity: Nextpower Inc. maintains only 4.82% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Nextpower Inc. Industry Peers by Asset Resilience Ratio
Compare Nextpower Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tongwei Co Ltd
SHG:600438 |
Solar | 4.43% |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393 |
Solar | 0.01% |
|
Zhejiang Xinneng Photovoltaic Technology Co Ltd
SHG:603105 |
Solar | 0.12% |
|
Clearvue Technologies Ltd
AU:CPV |
Solar | 1.11% |
|
Aurora Solar Technologies Inc
V:ACU |
Solar | 4.24% |
|
Trina Solar Co Ltd
SHG:688599 |
Solar | 0.07% |
|
JA Solar Technology Co Ltd
SHE:002459 |
Solar | 1.13% |
|
Shanghai Xinmei Real Estate Co Ltd Class A
SHG:600732 |
Solar | 0.00% |
Annual Asset Resilience Ratio for Nextpower Inc. (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Nextpower Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-03-31 | 2.06% | $29.30 Million | $1.42 Billion | +1.15pp |
| 2022-03-31 | 0.91% | $9.30 Million | $1.02 Billion | -2.20pp |
| 2021-03-31 | 3.11% | $27.40 Million | $880.97 Million | -- |
About Nextpower Inc.
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowi… Read more