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NET Power NPWR Debt-to-assets

Debt-to-assets at other companies

Nextra Energy logo
Nextra EnergyNEE
0.4×0.0×
Ormat Technologies logo
Ormat TechnologiesORA
0.0×
NuScale Power logo
NuScale PowerSMR
FIP
FTAI Infrastructure Inc.FIP
0.7×0.0×
Argan logo
ArganAGX
0.0×
Natural Gas Services Group logo
Natural Gas Services GroupNGS
0.0×

Other financials

Income statement

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Revenue-
Gross profit-
Operating income-$34.2M+92.8%
Net income-$9.9M+91.7%
EPS (diluted)-$0.12+92.3%

Balance sheet

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Cash & equivalents$134.3M-55.6%
Total debt$3.6M+28.6%
Total equity$205.3M-67.8%
Total assets$542.8M-70.5%

Cash flow

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Operating cash flow-$51.1M-151%
CapEx$8.2M-8.2%
Free cash flow-$59.3M-102%

Valuation

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Market cap$147.6M-21.2%
Enterprise value$16.8M-115%

Profitability

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Gross margin91.7%+4.3pp
Operating margin-5,523,266.7%-5,662,660pp
Net margin-1,508,283.3%-1,547,773pp
FCF margin-1,076,558.3%-1,129,620pp

Returns & leverage

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Return on equity-111.4%-154pp
Debt / equity0.0×
Current ratio23.8×+0.5×

Where this comes from

Calculated from NET Power’s reported figures.

Based on the most recent quarter.

The official record: NET Power’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NET Power's debt-to-assets?
NET Power (NPWR) reported debt-to-assets of 0× in Q1 2026.
How has NET Power's debt-to-assets changed year-over-year?
NET Power's debt-to-assets increased by 333.3% year-over-year, from 0× to 0×.
What is the long-term trend for NET Power's debt-to-assets?
Over 3 years (2022 to 2025), NET Power's debt-to-assets has grown at a -13.7% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-assets mean?
Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.