Debt to Assets Ratio: 0.00%
Is the debt to assets ratio high or low?
The debt to assets ratio of 0.00% is 100% below its 5-year average of 3.06%, near the low end of its 5-year range (0.00%–10.60%).
As of Saturday, June 27, 2026. 100.00% below its 12-month average of 0.86%.
NXT Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
NXT Average Debt to Assets Ratio Chart
NXT Current vs Average Debt to Assets Ratio Chart
NXT Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.00%
DEBT TO ASSETS RATIO AVG TTM
0.86%
DEBT TO ASSETS RATIO AVG 3Y
4.64%
DEBT TO ASSETS RATIO AVG 5Y
3.06%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-100.00%
CURRENT VS 3Y AVG
-100.00%
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NXT Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextpower Inc. (NXT) | $16.07B | 0.00% | 0.86% | 4.64% | 3.06% |
| Onto Innovation Inc. (ONTO)vs › | $16.11B | 0.01% | N/A | N/A | N/A |
| Broadridge Financial Solutions, Inc. (BR)vs › | $15.96B | 0.40% | N/A | N/A | N/A |
| Toast, Inc. (TOST)vs › | $15.71B | 0.01% | N/A | N/A | N/A |
| Akamai Technologies, Inc. (AKAM)vs › | $16.47B | 0.60% | N/A | N/A | N/A |
| Gen Digital Inc. (GEN)vs › | $14.73B | 0.53% | N/A | N/A | N/A |
| Samsara Inc. (IOT)vs › | $17.97B | 0.03% | N/A | N/A | N/A |
| PTC Inc. (PTC)vs › | $13.37B | 0.21% | N/A | N/A | N/A |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 0.17% | N/A | N/A | N/A |
| Fabrinet (FN)vs › | $18.80B | 0.00% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
0.0%
Debt/Equity
0.00
Current Ratio
2.45
Interest Coverage
265.8x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Nextpower Inc. (NXT)?
- The debt to assets ratio for NXT stock is 0.00%.
- Is Nextpower Inc.'s debt to assets ratio high or low?
- The debt to assets ratio of 0.00% is 100% below its 5-year average of 3.06%, near the low end of its 5-year range (0.00%–10.60%).
- What is the TTM average debt to assets ratio for Nextpower Inc. (NXT)?
- The TTM average debt to assets ratio for NXT stock is 0.86%.
- What is the 3Y average debt to assets ratio for Nextpower Inc. (NXT)?
- The 3Y average debt to assets ratio for NXT stock is 4.64%.
- What is the 5Y average debt to assets ratio for Nextpower Inc. (NXT)?
- The 5Y average debt to assets ratio for NXT stock is 3.06%.
NXT Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 0.00% |
| 2025-12-31 | 1.18% |
| 2025-09-26 | 1.25% |
| 2025-06-27 | 0.78% |
| 2025-03-31 | 1.07% |
| 2024-12-31 | 4.87% |
| 2024-09-27 | 5.28% |
| 2024-06-28 | 5.59% |
| 2024-03-31 | 6.71% |
| 2023-12-31 | 6.91% |
| 2023-09-29 | 7.16% |
| 2023-06-30 | 8.89% |
| 2023-03-31 | 10.60% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.44% |
| 2021-10-01 | 0.00% |
| 2021-07-02 | 0.00% |
| 2021-03-31 | 0.51% |
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