Nextracker Inc. Class A Common Stock - Asset Resilience Ratio
Nextracker Inc. Class A Common Stock (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. Read total liabilities of Nextracker Inc. Class A Common Stock for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Nextracker Inc. Class A Common Stock's Asset Resilience Ratio has changed over time. See net assets of Nextracker Inc. Class A Common Stock for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Nextracker Inc. Class A Common Stock's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of Nextracker Inc. Class A Common Stock.
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: Nextracker Inc. Class A Common Stock 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.
Nextracker Inc. Class A Common Stock Industry Peers by Asset Resilience Ratio
Compare Nextracker Inc. Class A Common Stock's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
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 | 7.07% |
|
Trina Solar Co Ltd
SHG:688599 |
Solar | 0.04% |
|
JA Solar Technology Co Ltd
SHE:002459 |
Solar | 1.13% |
|
Shanghai Xinmei Real Estate Co Ltd Class A
SHG:600732 |
Solar | 0.00% |
|
Flat Glass Group Co. Ltd
SHG:601865 |
Solar | 1.30% |
Annual Asset Resilience Ratio for Nextracker Inc. Class A Common Stock (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Nextracker Inc. Class A Common Stock.
| 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 Nextracker Inc. Class A Common Stock
Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company 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 terr… Read more