Nextpower Inc. Asset Resilience Ratio
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. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nextpower Inc. (2021–2023)
Asset resilience ratio of Nextpower Inc. from 2021 to 2023. This chart shows how Nextpower Inc.'s Asset Resilience Ratio has changed over time. Read NXT total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Nextpower Inc. balance sheet assets.
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 |
|---|---|---|
|
Premier Energies Limited
NSE:PREMIERENE |
Solar | 3.72% |
|
Websol Energy System Limited
NSE:WEBELSOLAR |
Solar | 11.82% |
|
Profithol S.A.
MC:SPH |
Solar | 0.53% |
|
Clearvue Technologies Ltd
AU:CPV |
Solar | 1.11% |
|
Mpower Group Ltd
AU:MPR |
Solar | 1.29% |
|
Aurora Solar Technologies Inc
V:ACU |
Solar | 4.24% |
|
Tongwei Co Ltd
SHG:600438 |
Solar | 4.43% |
|
Shanghai Xinmei Real Estate Co Ltd Class A
SHG:600732 |
Solar | 0.00% |
Nextpower Inc. Asset Resilience Ratio by Year (2021–2023)
Nextpower Inc. asset resilience ratio by year from 2021 to 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