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
Nextracker Inc. Class A Common Stock (NXT) - Total Assets
Latest total assets as of December 2025: $3.80 Billion USD
Based on the latest financial reports, Nextracker Inc. Class A Common Stock (NXT) holds total assets worth $3.80 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Nextracker Inc. Class A Common Stock - Total Assets Trend (2019–2025)
This chart illustrates how Nextracker Inc. Class A Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nextracker Inc. Class A Common Stock - Asset Composition Analysis
Current Asset Composition (March 2025)
Nextracker Inc. Class A Common Stock's total assets of $3.80 Billion consist of 67.6% current assets and 32.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.0% |
| Accounts Receivable | $1.09 Billion | 34.3% |
| Inventory | $209.43 Million | 6.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $53.24 Million | 1.7% |
| Goodwill | $371.02 Million | 11.6% |
Asset Composition Trend (2019–2025)
This chart illustrates how Nextracker Inc. Class A Common Stock's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nextracker Inc. Class A Common Stock's current assets represent 67.6% of total assets in 2025, an increase from 41.8% in 2019.
- Cash Position: Cash and equivalents constituted 24.0% of total assets in 2025, up from 2.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, a decrease from 54.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 34.3% of total assets.
Nextracker Inc. Class A Common Stock Competitors by Total Assets
Key competitors of Nextracker Inc. Class A Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Nextracker Inc. Class A Common Stock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Nextracker Inc. Class A Common Stock generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Nextracker Inc. Class A Common Stock generates $ 15.95 in net profit.
Nextracker Inc. Class A Common Stock - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.36 | 2.20 | 1.49 |
| Quick Ratio | 2.11 | 1.96 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.47 Billion | $ 1.09 Billion | $ 191.90 Million |
Nextracker Inc. Class A Common Stock - Advanced Valuation Insights
This section examines the relationship between Nextracker Inc. Class A Common Stock's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.04 |
| Latest Market Cap to Assets Ratio | 5.38 |
| Asset Growth Rate (YoY) | 26.7% |
| Total Assets | $3.19 Billion |
| Market Capitalization | $17.18 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Nextracker Inc. Class A Common Stock's assets at a significant premium ( 5.38x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Nextracker Inc. Class A Common Stock's assets grew by 26.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nextracker Inc. Class A Common Stock (2019–2025)
The table below shows the annual total assets of Nextracker Inc. Class A Common Stock from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $3.19 Billion | +26.75% |
| 2024-03-31 | $2.52 Billion | +77.42% |
| 2023-03-31 | $1.42 Billion | +39.56% |
| 2022-03-31 | $1.02 Billion | +15.47% |
| 2021-03-31 | $880.97 Million | +42.28% |
| 2020-03-31 | $619.16 Million | +11.07% |
| 2019-03-31 | $557.44 Million | -- |