Could The Market Be Wrong About Nextracker Inc. (NASDAQ:NXT) Given Its Attractive Financial Prospects? [Yahoo! Finance]
Nextracker Inc. (NXT)
Company Research
Source: Yahoo! Finance
financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study Nextracker's ROE in this article. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Check out our latest analysis for Nextracker How Is ROE Calculated? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Nextracker is: 50% = US$496m ÷ US$992m (Based on the trailing twelve months to March 2024). The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.50 in profit. Wha
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NXT
News
- Nextracker (NXT) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- kWh Analytics Reveals Top 14 Risk Management Challenges in Solar Generation [Yahoo! Finance]Yahoo! Finance
- Renewable energy will be the predominant power source for data centers, Nextracker CEO says [MSNBC.com]MSNBC.com
- Renewable energy will be the predominant power source for data centers, Nextracker CEO says [CNBC]CNBC
- Nextracker (NXT) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
NXT
Earnings
- 5/14/24 - Beat
NXT
Sec Filings
- 6/14/24 - Form 8-K
- 6/11/24 - Form 4
- 6/6/24 - Form 10-K/A
- NXT's page on the SEC website