Nextracker Long Term Debt vs Good Will Analysis

NXT Stock

56.57 1.69 2.90%

Nextracker financial indicator trend analysis is infinitely more than just investigating Nextracker Class A recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nextracker Class A is a good investment. Please check the relationship between Nextracker Long Term Debt and its Good Will accounts. 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.

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextracker Class A Long Term Debt account and Good Will. At this time, the significance of the direction appears to have pay attention.

The correlation between Nextracker's Long Term Debt and Good Will is -0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Nextracker Class A, assuming nothing else is changed. The correlation between historical values of Nextracker's Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Nextracker Class A are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Nextracker's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Nextracker Class A has held for over one year. Long-term debt appears on Nextracker Class A balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nextracker Class A balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Nextracker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

At this time, Nextracker's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 3.8 B in 2025, whereas Tax Provision is likely to drop slightly above 67.6 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	287.0M	813.0M	1.0B	1.1B
Total Revenue	1.9B	2.5B	3.0B	1.9B

Gross Profit Total Revenue

Nextracker fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab
Total Assets		0.97	0.98	0.25	0.7	0.95	-0.82	-0.86	0.98	0.86	0.97	0.71	0.86	0.99	0.76	0.91	0.85	0.89	0.75	0.89	0.98	0.91	-0.13	-0.78	0.87	0.87
Other Current Liab	0.97		0.99	0.23	0.64	0.97	-0.77	-0.87	0.97	0.83	0.91	0.7	0.83	0.96	0.65	0.89	0.89	0.94	0.83	0.89	0.99	0.91	-0.26	-0.85	0.86	0.88
Total Current Liabilities	0.98	0.99		0.24	0.68	0.97	-0.8	-0.85	0.99	0.85	0.92	0.73	0.85	0.98	0.7	0.88	0.88	0.95	0.77	0.89	0.98	0.91	-0.25	-0.83	0.85	0.91
Total Stockholder Equity	0.25	0.23	0.24		0.5	0.04	-0.58	0.1	0.35	0.46	0.23	0.49	0.44	0.18	0.45	-0.12	0.04	0.13	0.25	0.5	0.14	0.37	0.51	0.01	0.03	-0.01
Property Plant And Equipment Net	0.7	0.64	0.68	0.5		0.62	-0.94	-0.61	0.71	0.91	0.72	0.98	0.91	0.72	0.9	0.55	0.52	0.6	0.28	0.82	0.63	0.86	0.42	-0.61	0.75	0.58
Current Deferred Revenue	0.95	0.97	0.97	0.04	0.62		-0.72	-0.92	0.93	0.81	0.9	0.67	0.82	0.95	0.63	0.94	0.87	0.93	0.74	0.83	0.98	0.88	-0.33	-0.85	0.9	0.91
Net Debt	-0.82	-0.77	-0.8	-0.58	-0.94	-0.72		0.67	-0.83	-0.98	-0.81	-0.93	-0.98	-0.79	-0.87	-0.64	-0.58	-0.68	-0.5	-0.94	-0.75	-0.93	-0.29	0.59	-0.79	-0.64
Retained Earnings	-0.86	-0.87	-0.85	0.1	-0.61	-0.92	0.67		-0.79	-0.78	-0.85	-0.61	-0.79	-0.87	-0.53	-0.98	-0.84	-0.83	-0.72	-0.8	-0.92	-0.87	0.24	0.86	-0.98	-0.82
Accounts Payable	0.98	0.97	0.99	0.35	0.71	0.93	-0.83	-0.79		0.86	0.91	0.75	0.86	0.97	0.76	0.82	0.85	0.93	0.74	0.89	0.95	0.91	-0.17	-0.78	0.8	0.89
Cash	0.86	0.83	0.85	0.46	0.91	0.81	-0.98	-0.78	0.86		0.85	0.9	1.0	0.84	0.81	0.74	0.66	0.75	0.6	0.97	0.83	0.98	0.17	-0.68	0.88	0.71
Non Current Assets Total	0.97	0.91	0.92	0.23	0.72	0.9	-0.81	-0.85	0.91	0.85		0.71	0.84	0.96	0.82	0.91	0.75	0.79	0.66	0.86	0.94	0.86	0.03	-0.72	0.87	0.78
Non Currrent Assets Other	0.71	0.7	0.73	0.49	0.98	0.67	-0.93	-0.61	0.75	0.9	0.71		0.9	0.74	0.87	0.55	0.57	0.68	0.32	0.83	0.66	0.88	0.31	-0.67	0.74	0.63
Cash And Short Term Investments	0.86	0.83	0.85	0.44	0.91	0.82	-0.98	-0.79	0.86	1.0	0.84	0.9		0.85	0.8	0.75	0.67	0.76	0.6	0.97	0.83	0.98	0.15	-0.68	0.89	0.72
Net Receivables	0.99	0.96	0.98	0.18	0.72	0.95	-0.79	-0.87	0.97	0.84	0.96	0.74	0.85		0.77	0.91	0.89	0.93	0.69	0.85	0.97	0.9	-0.16	-0.84	0.88	0.92
Good Will	0.76	0.65	0.7	0.45	0.9	0.63	-0.87	-0.53	0.76	0.81	0.82	0.87	0.8	0.77		0.57	0.47	0.57	0.22	0.72	0.65	0.75	0.43	-0.5	0.65	0.58
Common Stock Shares Outstanding	0.91	0.89	0.88	-0.12	0.55	0.94	-0.64	-0.98	0.82	0.74	0.91	0.55	0.75	0.91	0.57		0.84	0.83	0.72	0.77	0.95	0.82	-0.27	-0.82	0.94	0.85
Non Current Liabilities Total	0.85	0.89	0.88	0.04	0.52	0.87	-0.58	-0.84	0.85	0.66	0.75	0.57	0.67	0.89	0.47	0.84		0.96	0.77	0.73	0.89	0.81	-0.45	-0.94	0.78	0.95
Inventory	0.89	0.94	0.95	0.13	0.6	0.93	-0.68	-0.83	0.93	0.75	0.79	0.68	0.76	0.93	0.57	0.83	0.96		0.74	0.79	0.93	0.86	-0.42	-0.91	0.8	0.97
Other Current Assets	0.75	0.83	0.77	0.25	0.28	0.74	-0.5	-0.72	0.74	0.6	0.66	0.32	0.6	0.69	0.22	0.72	0.77	0.74		0.76	0.81	0.7	-0.4	-0.65	0.65	0.63
Other Stockholder Equity	0.89	0.89	0.89	0.5	0.82	0.83	-0.94	-0.8	0.89	0.97	0.86	0.83	0.97	0.85	0.72	0.77	0.73	0.79	0.76		0.88	0.98	0.07	-0.71	0.87	0.71
Total Liab	0.98	0.99	0.98	0.14	0.63	0.98	-0.75	-0.92	0.95	0.83	0.94	0.66	0.83	0.97	0.65	0.95	0.89	0.93	0.81	0.88		0.9	-0.27	-0.83	0.9	0.89
Total Current Assets	0.91	0.91	0.91	0.37	0.86	0.88	-0.93	-0.87	0.91	0.98	0.86	0.88	0.98	0.9	0.75	0.82	0.81	0.86	0.7	0.98	0.9		0.0	-0.81	0.92	0.81
Intangible Assets	-0.13	-0.26	-0.25	0.51	0.42	-0.33	-0.29	0.24	-0.17	0.17	0.03	0.31	0.15	-0.16	0.43	-0.27	-0.45	-0.42	-0.4	0.07	-0.27	0.0		0.32	-0.06	-0.44
Common Stock	-0.78	-0.85	-0.83	0.01	-0.61	-0.85	0.59	0.86	-0.78	-0.68	-0.72	-0.67	-0.68	-0.84	-0.5	-0.82	-0.94	-0.91	-0.65	-0.71	-0.83	-0.81	0.32		-0.83	-0.87
Short Long Term Debt Total	0.87	0.86	0.85	0.03	0.75	0.9	-0.79	-0.98	0.8	0.88	0.87	0.74	0.89	0.88	0.65	0.94	0.78	0.8	0.65	0.87	0.9	0.92	-0.06	-0.83		0.79
Other Liab	0.87	0.88	0.91	-0.01	0.58	0.91	-0.64	-0.82	0.89	0.71	0.78	0.63	0.72	0.92	0.58	0.85	0.95	0.97	0.63	0.71	0.89	0.81	-0.44	-0.87	0.79

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Nextracker Account Relationship Matchups

Nextracker fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	881.0M	1.0B	1.4B	2.5B	3.2B	1.6B
Other Current Liab	82.5M	108.2M	117.7M	201.7M	201.1M	136.9M
Total Current Liabilities	391.4M	473.4M	507.4M	891.5M	1.0B	603.3M
Total Stockholder Equity	456.0M	501.1M	(3.1B)	961.0M	1.6B	1.7B
Property Plant And Equipment Net	5.0M	11.8M	7.3M	9.2M	60.4M	63.4M
Current Deferred Revenue	77.4M	77.9M	176.5M	225.5M	247.1M	142.1M
Net Debt	(190.6M)	(24.6M)	17.1M	(330.1M)	(766.1M)	(727.8M)
Retained Earnings	456.0M	(3.0M)	(3.1B)	(3.1B)	(2.6B)	(2.4B)
Accounts Payable	231.5M	266.6M	211.4M	456.6M	585.3M	319.4M
Cash	190.6M	29.1M	130.0M	474.1M	766.1M	804.4M
Non Current Assets Total	297.7M	303.2M	547.4M	750.5M	1.0B	561.7M
Non Currrent Assets Other	16.5M	23.8M	16.6M	18.9M	51.1M	53.7M
Cash And Short Term Investments	218.0M	38.4M	159.3M	474.1M	766.1M	804.4M
Net Receivables	268.2M	460.7M	569.1M	779.8M	1.1B	563.0M
Liabilities And Stockholders Equity	881.0M	1.0B	1.4B	2.5B	3.2B	1.6B
Non Current Liabilities Total	33.6M	547.0M	427.4M	635.3M	530.9M	348.5M
Inventory	84.5M	172.2M	138.1M	201.7M	209.4M	142.5M
Other Current Assets	12.6M	52.1M	35.1M	312.6M	88.5M	81.7M
Other Stockholder Equity	456.0M	(3.0M)	0.0	4.0B	4.2B	4.4B
Total Liab	424.9M	516.2M	934.8M	1.5B	1.6B	872.7M
Total Current Assets	583.3M	714.1M	872.3M	1.8B	2.2B	2.3B
Intangible Assets	11.0M	2.5M	1.3M	1.5M	53.2M	55.9M
Short Term Debt	64.4M	1.8M	1.9M	7.6M	8.7M	9.2M

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