Current Ratio: 2.45
Is the current ratio high or low?
The current ratio of 2.45 is 38% above its 5-year average of 1.78, near the high end of its 5-year range (0.00–2.45).
As of Saturday, June 27, 2026. 8.85% above its 12-month average of 2.25.
NXT Current Ratio
Reported quarterly current ratio; no daily interpolation.
NXT Average Current Ratio Chart
NXT Current vs Average Current Ratio Chart
NXT Current Ratio Metrics
CURRENT RATIO
2.45
CURRENT RATIO AVG TTM
2.25
CURRENT RATIO AVG 3Y
2.06
CURRENT RATIO AVG 5Y
1.87
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.85%
CURRENT VS 3Y AVG
+18.98%
CURRENT VS 5Y AVG
+31.05%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NXT Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextpower Inc. (NXT) | $16.07B | 2.45 | 2.25 | 2.06 | 1.87 |
| Onto Innovation Inc. (ONTO)vs › | $16.11B | 5.79 | 5.79 | 7.72 | 7.28 |
| Broadridge Financial Solutions, Inc. (BR)vs › | $15.96B | 0.98 | 1.03 | 0.91 | 0.94 |
| Toast, Inc. (TOST)vs › | $15.71B | 2.75 | 2.54 | 2.53 | 3.18 |
| Akamai Technologies, Inc. (AKAM)vs › | $16.47B | 2.29 | 1.76 | 2.02 | 2.18 |
| Gen Digital Inc. (GEN)vs › | $14.73B | 0.40 | 0.40 | 0.47 | 0.52 |
| Samsara Inc. (IOT)vs › | $17.97B | 1.64 | 1.57 | 1.70 | 2.06 |
| PTC Inc. (PTC)vs › | $13.37B | 1.12 | 0.95 | 1.00 | 1.10 |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 1.46 | 1.63 | 1.65 | 1.70 |
| Fabrinet (FN)vs › | $18.80B | 3.00 | 3.30 | 3.35 | 3.18 |
Liquidity Analysis
Current Ratio
2.45
Quick Ratio
2.22
Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Current Ratio FAQ
- What is the current ratio for Nextpower Inc. (NXT)?
- The current ratio for NXT stock is 2.45.
- Is Nextpower Inc.'s current ratio high or low?
- The current ratio of 2.45 is 38% above its 5-year average of 1.78, near the high end of its 5-year range (0.00–2.45).
- What is the TTM average current ratio for Nextpower Inc. (NXT)?
- The TTM average current ratio for NXT stock is 2.25.
- What is the 3Y average current ratio for Nextpower Inc. (NXT)?
- The 3Y average current ratio for NXT stock is 2.06.
- What is the 5Y average current ratio for Nextpower Inc. (NXT)?
- The 5Y average current ratio for NXT stock is 1.87.
NXT Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2026-03-31 | 2.45 |
| 2025-12-31 | 2.36 |
| 2025-09-26 | 2.18 |
| 2025-06-27 | 2.16 |
| 2025-03-31 | 2.09 |
| 2024-12-31 | 2.20 |
| 2024-09-27 | 2.21 |
| 2024-06-28 | 2.11 |
| 2024-03-31 | 1.98 |
| 2023-12-31 | 1.87 |
| 2023-09-29 | 1.73 |
| 2023-06-30 | 1.65 |
| 2023-03-31 | 1.72 |
| 2022-12-31 | 1.57 |
| 2022-09-30 | 1.50 |
| 2022-06-30 | 1.46 |
| 2022-03-31 | 1.50 |
| 2021-12-31 | 0.00 |
| 2021-10-01 | 1.49 |
| 2021-07-02 | 1.60 |
| 2021-03-31 | 1.49 |
| 2020-12-31 | 0.00 |
| 2020-09-25 | 0.00 |
| 2020-06-26 | 0.00 |
Related Metrics
About Nextpower Inc.
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 terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Daniel S. Shugar