Nextracker Class A Stock Short Ratio

NXT Stock

38.85 1.45 3.88%

Nextracker Class A fundamentals help investors to digest information that contributes to Nextracker's financial success or failures. It also enables traders to predict the movement of Nextracker Stock. The fundamental analysis module provides a way to measure Nextracker's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextracker stock.

Other Current Liab Total Assets

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Nextracker Class A Company Short Ratio Analysis

Nextracker's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

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Current Nextracker Short Ratio

4.54 X

Most of Nextracker's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextracker Class A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nextracker Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Nextracker is extremely important. It helps to project a fair market value of Nextracker Stock properly, considering its historical fundamentals such as Short Ratio. Since Nextracker's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nextracker's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nextracker's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Short Term Debt	Property Plant Equipment	Short Term Investments	Net Invested Capital	Net Working Capital	Long Term Debt
Total Assets		-0.1	0.94	-0.75	-0.86	0.95	0.97	-0.59	0.95	0.88	-0.79	-0.77	-0.6	0.15	0.94	0.18	0.51	0.97	-0.31
Total Stockholder Equity	-0.1		-0.3	-0.42	0.33	0.05	-0.25	-0.33	-0.17	0.06	0.27	0.31	0.33	0.04	-0.22	-0.01	0.57	0.07	-0.27
Current Deferred Revenue	0.94	-0.3		-0.64	-0.89	0.91	0.95	-0.54	0.93	0.85	-0.89	-0.82	-0.59	0.18	0.9	0.15	0.38	0.86	-0.32
Net Debt	-0.75	-0.42	-0.64		0.64	-0.8	-0.65	0.85	-0.65	-0.88	0.63	0.45	0.2	-0.23	-0.6	-0.18	-0.84	-0.79	0.67
Retained Earnings	-0.86	0.33	-0.89	0.64		-0.74	-0.89	0.72	-0.82	-0.89	0.77	0.84	0.72	0.09	-0.85	-0.2	-0.51	-0.84	0.57
Accounts Payable	0.95	0.05	0.91	-0.8	-0.74		0.93	-0.6	0.95	0.88	-0.87	-0.76	-0.5	0.39	0.91	-0.02	0.47	0.89	-0.34
Net Receivables	0.97	-0.25	0.95	-0.65	-0.89	0.93		-0.56	0.99	0.87	-0.87	-0.88	-0.72	0.22	0.99	0.01	0.35	0.9	-0.32
Good Will	-0.59	-0.33	-0.54	0.85	0.72	-0.6	-0.56		-0.55	-0.88	0.55	0.59	0.46	0.06	-0.54	-0.06	-0.84	-0.68	0.93
Total Liab	0.95	-0.17	0.93	-0.65	-0.82	0.95	0.99	-0.55		0.86	-0.9	-0.89	-0.71	0.33	0.99	-0.12	0.32	0.87	-0.32
Total Current Assets	0.88	0.06	0.85	-0.88	-0.89	0.88	0.87	-0.88	0.86		-0.83	-0.81	-0.6	0.17	0.85	0.03	0.68	0.87	-0.72
Intangible Assets	-0.79	0.27	-0.89	0.63	0.77	-0.87	-0.87	0.55	-0.9	-0.83		0.84	0.55	-0.53	-0.85	0.25	-0.21	-0.65	0.44
Common Stock	-0.77	0.31	-0.82	0.45	0.84	-0.76	-0.88	0.59	-0.89	-0.81	0.84		0.91	-0.15	-0.9	0.28	-0.22	-0.7	0.47
Net Tangible Assets	-0.6	0.33	-0.59	0.2	0.72	-0.5	-0.72	0.46	-0.71	-0.6	0.55	0.91		0.12	-0.78	0.28	-0.12	-0.58	0.36
Short Term Debt	0.15	0.04	0.18	-0.23	0.09	0.39	0.22	0.06	0.33	0.17	-0.53	-0.15	0.12		0.25	-0.64	-0.3	-0.03	0.05
Property Plant Equipment	0.94	-0.22	0.9	-0.6	-0.85	0.91	0.99	-0.54	0.99	0.85	-0.85	-0.9	-0.78	0.25		-0.11	0.3	0.87	-0.3
Short Term Investments	0.18	-0.01	0.15	-0.18	-0.2	-0.02	0.01	-0.06	-0.12	0.03	0.25	0.28	0.28	-0.64	-0.11		0.48	0.29	0.09
Net Invested Capital	0.51	0.57	0.38	-0.84	-0.51	0.47	0.35	-0.84	0.32	0.68	-0.21	-0.22	-0.12	-0.3	0.3	0.48		0.67	-0.69
Net Working Capital	0.97	0.07	0.86	-0.79	-0.84	0.89	0.9	-0.68	0.87	0.87	-0.65	-0.7	-0.58	-0.03	0.87	0.29	0.67		-0.38
Long Term Debt	-0.31	-0.27	-0.32	0.67	0.57	-0.34	-0.32	0.93	-0.32	-0.72	0.44	0.47	0.36	0.05	-0.3	0.09	-0.69	-0.38

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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

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Nextracker Price To Sales Ratio

Price To Sales Ratio

1.34

At this time, Nextracker's Price To Sales Ratio is comparatively stable compared to the past year.

Based on the latest financial disclosure, Nextracker Class A has a Short Ratio of 4.54 times. This is 13.36% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 4.52) industry. The short ratio for all United States stocks is 13.5% lower than that of the firm.

Nextracker Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextracker's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextracker could also be used in its relative valuation, which is a method of valuing Nextracker by comparing valuation metrics of similar companies.

Nextracker is currently under evaluation in short ratio category among its peers.

Nextracker ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nextracker's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextracker's managers, analysts, and investors.

Environmental

Governance

Social

Nextracker Fundamentals

	Return On Equity	0.61
	Return On Asset	0.19
	Profit Margin	0.17 %
	Operating Margin	0.21 %
	Current Valuation	5.03 B
	Shares Outstanding	143.64 M
	Shares Owned By Insiders	0.43 %
	Shares Owned By Institutions	99.57 %
	Number Of Shares Shorted	12.51 M
	Price To Book	4.24 X
	Price To Sales	1.97 X
	Revenue	2.5 B
	EBITDA	591.48 M
	Net Income	306.24 M
	Cash Per Share	3.06 X
	Total Debt	143.97 M
	Debt To Equity	3.07 %
	Current Ratio	1.40 X
	Book Value Per Share	8.81 X
	Cash Flow From Operations	428.97 M
	Short Ratio	4.54 X
	Earnings Per Share	4.00 X
	Price To Earnings To Growth	2.51 X
	Target Price	54.56
	Number Of Employees	1.05 K
	Market Capitalization	5.51 B
	Total Asset	2.52 B
	Retained Earnings	(3.07 B)
	Working Capital	876.75 M
	Current Asset	1.64 B
	Current Liabilities	1.17 B
	Net Asset	2.52 B

About Nextracker Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nextracker Class A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextracker using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextracker Class A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Nextracker Stock Analysis

When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.

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