Nextracker Historical Financial Ratios

NXT Stock

39.71 0.84 2.16%

Nextracker is lately reporting on over 89 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 79.14 will help investors to properly organize and evaluate Nextracker Class A financial condition quickly.

Quick Ratio Current Ratio

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextracker Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

About Nextracker Financial Ratios Analysis

Nextracker Class AFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Nextracker investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Nextracker financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Nextracker history.

Nextracker Financial Ratios Chart

At this time, Nextracker's Net Income Per Share is comparatively stable compared to the past year. Payables Turnover is likely to gain to 5.81 in 2024, whereas Book Value Per Share is likely to drop 6.74 in 2024.

Price To Sales Ratio Dividend Yield Days Sales Outstanding Ev To Sales Payout Ratio Cash Ratio

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Nextracker Class A stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nextracker sales, a figure that is much harder to manipulate than other Nextracker Class A multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Nextracker Class A dividend as a percentage of Nextracker stock price. Nextracker Class A dividend yield is a measure of Nextracker stock productivity, which can be interpreted as interest rate earned on an Nextracker investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Payout Ratio

Payout Ratio is the proportion of Nextracker Class A earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Nextracker Class A dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Nextracker Class A is paying out more in dividends than it makes in net income.

Most ratios from Nextracker's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Nextracker Class A current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextracker Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

	2023	2024 (projected)
Dividend Yield	0.25	0.22
Price To Sales Ratio	1.73	1.34

Dividend Yield Price To Sales Ratio

Nextracker fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		0.05	0.42	0.39	0.39	-0.4	-0.34	-0.13	0.42	0.99	-0.35	0.39	0.79	-0.46	-0.68	-0.02	0.85	-0.39	-0.83	0.45	0.05	-0.84	-0.83	-0.06	0.87	0.4
Dividend Yield	0.05		-0.1	0.27	-0.01	-0.29	-0.64	-0.91	-0.1	0.09	-0.64	-0.13	0.38	-0.71	-0.31	0.22	0.34	-0.74	-0.48	0.69	1.0	-0.47	-0.48	-0.17	0.34	-0.12
Ptb Ratio	0.42	-0.1		-0.33	0.83	0.48	0.43	-0.04	1.0	0.4	0.42	1.0	0.47	-0.01	-0.62	0.21	0.14	0.1	-0.23	0.4	-0.1	-0.24	-0.2	-0.17	0.55	1.0
Days Sales Outstanding	0.39	0.27	-0.33		0.05	-0.7	-0.64	0.04	-0.33	0.4	-0.64	-0.36	0.14	-0.57	0.07	0.09	0.43	-0.23	-0.38	-0.17	0.28	-0.38	-0.38	0.02	0.19	-0.35
Book Value Per Share	0.39	-0.01	0.83	0.05		0.32	0.27	0.05	0.83	0.33	0.27	0.82	0.26	-0.02	-0.33	-0.04	0.08	0.3	-0.13	0.23	0.0	-0.15	-0.1	0.18	0.39	0.82
Free Cash Flow Yield	-0.4	-0.29	0.48	-0.7	0.32		0.92	0.23	0.48	-0.43	0.92	0.52	-0.41	0.67	0.22	-0.15	-0.73	0.44	0.61	-0.12	-0.29	0.61	0.63	0.23	-0.35	0.51
Operating Cash Flow Per Share	-0.34	-0.64	0.43	-0.64	0.27	0.92		0.58	0.43	-0.38	1.0	0.47	-0.5	0.83	0.32	-0.21	-0.73	0.67	0.7	-0.4	-0.64	0.69	0.71	0.26	-0.43	0.45
Capex To Depreciation	-0.13	-0.91	-0.04	0.04	0.05	0.23	0.58		-0.04	-0.17	0.57	-0.02	-0.56	0.65	0.54	-0.22	-0.45	0.79	0.58	-0.89	-0.91	0.57	0.58	0.28	-0.49	-0.03
Pb Ratio	0.42	-0.1	1.0	-0.33	0.83	0.48	0.43	-0.04		0.4	0.42	1.0	0.47	-0.01	-0.62	0.21	0.14	0.1	-0.23	0.4	-0.1	-0.24	-0.2	-0.17	0.55	1.0
Ev To Sales	0.99	0.09	0.4	0.4	0.33	-0.43	-0.38	-0.17	0.4		-0.39	0.37	0.83	-0.53	-0.72	0.08	0.88	-0.47	-0.87	0.47	0.1	-0.88	-0.87	-0.16	0.9	0.38
Free Cash Flow Per Share	-0.35	-0.64	0.42	-0.64	0.27	0.92	1.0	0.57	0.42	-0.39		0.47	-0.51	0.82	0.32	-0.21	-0.73	0.67	0.7	-0.4	-0.64	0.69	0.71	0.26	-0.43	0.45
Roic	0.39	-0.13	1.0	-0.36	0.82	0.52	0.47	-0.02	1.0	0.37	0.47		0.44	0.03	-0.59	0.19	0.1	0.13	-0.19	0.38	-0.13	-0.2	-0.16	-0.15	0.52	1.0
Inventory Turnover	0.79	0.38	0.47	0.14	0.26	-0.41	-0.5	-0.56	0.47	0.83	-0.51	0.44		-0.74	-0.97	0.41	0.9	-0.68	-0.95	0.77	0.38	-0.95	-0.94	-0.51	0.98	0.45
Net Income Per Share	-0.46	-0.71	-0.01	-0.57	-0.02	0.67	0.83	0.65	-0.01	-0.53	0.82	0.03	-0.74		0.63	-0.61	-0.75	0.79	0.81	-0.55	-0.71	0.81	0.81	0.6	-0.69	0.02
Days Of Inventory On Hand	-0.68	-0.31	-0.62	0.07	-0.33	0.22	0.32	0.54	-0.62	-0.72	0.32	-0.59	-0.97	0.63		-0.49	-0.77	0.58	0.83	-0.77	-0.3	0.84	0.82	0.59	-0.94	-0.6
Payables Turnover	-0.02	0.22	0.21	0.09	-0.04	-0.15	-0.21	-0.22	0.21	0.08	-0.21	0.19	0.41	-0.61	-0.49		0.2	-0.38	-0.27	0.11	0.21	-0.28	-0.26	-0.96	0.32	0.19
Capex To Revenue	0.85	0.34	0.14	0.43	0.08	-0.73	-0.73	-0.45	0.14	0.88	-0.73	0.1	0.9	-0.75	-0.77	0.2		-0.66	-0.97	0.6	0.33	-0.97	-0.97	-0.32	0.88	0.11
Cash Per Share	-0.39	-0.74	0.1	-0.23	0.3	0.44	0.67	0.79	0.1	-0.47	0.67	0.13	-0.68	0.79	0.58	-0.38	-0.66		0.77	-0.69	-0.74	0.76	0.78	0.47	-0.62	0.13
Pocfratio	-0.83	-0.48	-0.23	-0.38	-0.13	0.61	0.7	0.58	-0.23	-0.87	0.7	-0.19	-0.95	0.81	0.83	-0.27	-0.97	0.77		-0.72	-0.48	1.0	1.0	0.37	-0.94	-0.2
Interest Coverage	0.45	0.69	0.4	-0.17	0.23	-0.12	-0.4	-0.89	0.4	0.47	-0.4	0.38	0.77	-0.55	-0.77	0.11	0.6	-0.69	-0.72		0.69	-0.72	-0.72	-0.2	0.74	0.38
Payout Ratio	0.05	1.0	-0.1	0.28	0.0	-0.29	-0.64	-0.91	-0.1	0.1	-0.64	-0.13	0.38	-0.71	-0.3	0.21	0.33	-0.74	-0.48	0.69		-0.46	-0.48	-0.17	0.34	-0.12
Capex To Operating Cash Flow	-0.84	-0.47	-0.24	-0.38	-0.15	0.61	0.69	0.57	-0.24	-0.88	0.69	-0.2	-0.95	0.81	0.84	-0.28	-0.97	0.76	1.0	-0.72	-0.46		1.0	0.38	-0.94	-0.21
Pfcf Ratio	-0.83	-0.48	-0.2	-0.38	-0.1	0.63	0.71	0.58	-0.2	-0.87	0.71	-0.16	-0.94	0.81	0.82	-0.26	-0.97	0.78	1.0	-0.72	-0.48	1.0		0.37	-0.93	-0.17
Days Payables Outstanding	-0.06	-0.17	-0.17	0.02	0.18	0.23	0.26	0.28	-0.17	-0.16	0.26	-0.15	-0.51	0.6	0.59	-0.96	-0.32	0.47	0.37	-0.2	-0.17	0.38	0.37		-0.4	-0.15
Income Quality	0.87	0.34	0.55	0.19	0.39	-0.35	-0.43	-0.49	0.55	0.9	-0.43	0.52	0.98	-0.69	-0.94	0.32	0.88	-0.62	-0.94	0.74	0.34	-0.94	-0.93	-0.4		0.53
Roe	0.4	-0.12	1.0	-0.35	0.82	0.51	0.45	-0.03	1.0	0.38	0.45	1.0	0.45	0.02	-0.6	0.19	0.11	0.13	-0.2	0.38	-0.12	-0.21	-0.17	-0.15	0.53

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Nextracker Account Relationship Matchups

Nextracker fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	1.0	0.98	0.96	0.87	1.73	1.34
Ptb Ratio	5.08	2.57	(460.35)	(0.54)	4.51	4.73
Days Sales Outstanding	69.43	81.88	115.37	109.21	113.86	79.14
Book Value Per Share	6.0	11.83	(0.0662)	10.57	12.87	6.74
Free Cash Flow Yield	0.2	0.0778	(0.11)	0.0628	0.0975	0.0581
Operating Cash Flow Per Share	6.25	2.45	(3.21)	2.35	5.57	5.84
Stock Based Compensation To Revenue	0.003617	0.003601	0.002091	0.0168	0.0227	0.0239
Capex To Depreciation	0.0922	0.18	0.53	0.69	1.53	1.6
Pb Ratio	5.08	2.57	(460.35)	(0.54)	4.51	4.73
Ev To Sales	1.0	0.83	0.94	0.88	1.6	1.29
Free Cash Flow Per Share	6.21	2.37	(3.34)	2.28	5.48	5.75
Roic	0.81	0.27	(16.98)	(0.0413)	0.43	0.46
Inventory Turnover	13.1	11.41	7.61	11.7	8.36	13.64
Net Income Per Share	3.07	3.23	1.11	0.0249	3.97	4.17
Days Of Inventory On Hand	27.87	32.0	47.96	31.2	43.65	26.55
Payables Turnover	5.46	4.16	4.92	7.64	3.69	5.81
Research And Ddevelopement To Revenue	0.007377	0.0109	0.009726	0.0114	0.0169	0.0092
Capex To Revenue	0.001413	0.002478	0.004059	0.001673	0.002664	0.003508
Cash Per Share	0.0766	5.66	0.84	3.47	6.15	6.46
Pocfratio	4.87	12.45	(9.5)	15.45	10.1	10.6
Capex To Operating Cash Flow	0.006867	0.0314	(0.0402)	0.0296	0.0155	0.0163
Pfcf Ratio	4.9	12.85	(9.13)	15.92	10.26	10.77
Days Payables Outstanding	66.83	87.67	74.25	47.76	98.81	58.44
Income Quality	2.04	0.76	(2.89)	0.89	1.4	2.0
Roe	0.51	0.27	(16.78)	(3.72E-4)	0.32	0.33
Ev To Operating Cash Flow	4.88	10.48	(9.33)	15.61	9.33	9.79
Pe Ratio	9.93	9.44	27.44	1.5K	14.14	13.44
Ev To Free Cash Flow	4.91	10.82	(8.97)	16.09	9.47	9.95
Earnings Yield	0.1	0.11	0.0364	6.87E-4	0.0707	0.0574
Intangibles To Total Assets	0.47	0.31	0.26	0.19	0.11	0.1
Net Debt To E B I T D A	0.0147	(1.06)	(0.32)	0.0982	(0.56)	(0.59)
Current Ratio	0.83	1.49	1.51	1.72	1.98	1.18
Tangible Book Value Per Share	(1.55)	4.67	(5.9)	4.76	9.41	9.88
Receivables Turnover	5.26	4.46	3.16	3.34	3.21	4.2
Graham Number	20.35	29.31	1.29	6.13	33.39	35.06
Shareholders Equity Per Share	6.0	11.83	(0.0662)	(67.03)	12.47	13.09
Capex Per Share	0.0429	0.0769	0.13	0.0694	0.0864	0.0957
Graham Net Net	(4.71)	0.95	(12.0)	(6.09)	(4.76)	(5.0)

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Nextracker Historical Financial Ratios

About Nextracker Financial Ratios Analysis

Nextracker Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ev To Sales

Payout Ratio

Nextracker fundamentals Correlations

Nextracker Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nextracker fundamentals Accounts

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Payout Ratio	+ 1.0	Dividend Yield
Pb Ratio	+ 1.0	Ptb Ratio
Roic	+ 1.0	Ptb Ratio
Roe	+ 1.0	Ptb Ratio
Free Cash Flow Per Share	+ 1.0	Operating Cash Flow Per Share
Roic	+ 1.0	Pb Ratio

Pfcf Ratio	- 0.97	Capex To Revenue
Capex To Operating Cash Flow	- 0.97	Capex To Revenue
Pocfratio	- 0.97	Capex To Revenue
Days Of Inventory On Hand	- 0.97	Inventory Turnover
Days Payables Outstanding	- 0.96	Payables Turnover
Capex To Operating Cash Flow	- 0.95	Inventory Turnover