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NEXTracker (NEXTracker) Scaled Net Operating Assets : 0.32 (As of Mar. 2024)


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What is NEXTracker Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NEXTracker's operating assets for the quarter that ended in Mar. 2024 was $2,045 Mil. NEXTracker's operating liabilities for the quarter that ended in Mar. 2024 was $1,383 Mil. NEXTracker's Total Assets for the quarter that ended in Dec. 2023 was $2,095 Mil. Therefore, NEXTracker's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.32.


NEXTracker Scaled Net Operating Assets Historical Data

The historical data trend for NEXTracker's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NEXTracker Scaled Net Operating Assets Chart

NEXTracker Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
- - -0.05 0.47 0.47

NEXTracker Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.25 0.21 0.26 0.32

Competitive Comparison of NEXTracker's Scaled Net Operating Assets

For the Solar subindustry, NEXTracker's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEXTracker's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NEXTracker's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where NEXTracker's Scaled Net Operating Assets falls into.



NEXTracker Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NEXTracker's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(2044.728-1382.787)/1419.68
=0.47

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2518.782 - 474.054
=2044.728

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1526.754 - 143.967 - 0
=1382.787

NEXTracker's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(2044.728-1382.787)/2095.125
=0.32

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2518.782 - 474.054
=2044.728

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1526.754 - 143.967 - 0
=1382.787

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEXTracker Scaled Net Operating Assets Related Terms

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NEXTracker (NEXTracker) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6200 Paseo Padre Parkway, Fremont, CA, USA, 94555
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
Executives
Daniel S Shugar director, officer: Chief Executive Officer 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Leah Schlesinger officer: GC, Ch Eth & Compl Off'r & Sec 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Charles D Boynton director
Flex Ltd. 10 percent owner 2 CHANGI SOUTH LANE, SINGAPORE U0 486123
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Kyra Lynn Whitten director 17465 RINGEL DRIVE, MORGAN HILL CA 95037
Brandi Elizabeth Thomas director C/O NEXTRACKER HQ, 6200 PASEO PADRE PKWY, FREMONT CA 94555
Howard Wenger officer: President 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Nicholas Marco Miller officer: Chief Operating Officer 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
Bruce Ledesma officer: Pres, Strat'y, Software & Admn 3939 NORTH FIRST STREET, SAN JOSE CA 95134
David P Bennett officer: Chief Financial Officer 3616 NICOLE AVE, PLEASANTON CA 94588
Willy C Shih director 343 STATE STREET, ROCHESTER NY 146500211
Michael P Hartung director 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Steven B. Mandel director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102