What is NXXT's interest coverage?

NXXT (NXXT) reported interest coverage of -5.1× in Q1 2026.

What is the long-term trend for NXXT's interest coverage?

Over 3 years (2021 to 2025), NXXT's interest coverage has grown at a -28.9% compound annual growth rate (CAGR), from -11.3× to -4.1×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

NXXT NXXT Interest coverage

Interest coverage at other companies

Tesla, Inc.TSLA

14.4×-2.8×

SunrunRUN

-37.6×—

ChargePointCHPT

-11.5×+2.4×

NeoVoltaNEOV

-35×-8.7×

Enphase EnergyENPH

30.9×+15.1×

Microvast Holdings, Inc.MVST

8.1×+5.0×

Other financials

Income statement

See full

Revenue$21.1M+29.4%

Gross profit$1.7M+230%

Operating income-$10.1M-75.4%

Net income-$10.7M-22.1%

EPS (diluted)-$0.07+95.6%

Balance sheet

See full

Cash & equivalents$208.0K-90.2%

Total debt$3.4M+4,849%

Total equity-$19.6M-252%

Total assets$12.3M-52.9%

Cash flow

See full

Operating cash flow-$2.1M+62.8%

CapEx$5.7M+26,892%

Free cash flow-$7.2M-490%

Valuation

See full

Market cap$55.34M-82.7%

Enterprise value$58.5M-81.6%

P/S0.6×-5.8×

Profitability

See full

Gross margin9.4%+4.4pp

Operating margin-86%-1,407pp

Net margin-101.1%+60.1pp

FCF margin-43%—

Returns & leverage

See full

Return on equity-1,208.8%-1,564pp

Debt / equity0.3×-56.1×

Current ratio0.2×0.0×

Where this comes from

Calculated from NXXT’s reported figures.

ebit/interest expense=-5.1×

Based on trailing twelve months.

The official record: NXXT’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

Ask your AI about NXXT's interest coverage.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is NXXT's interest coverage?: NXXT (NXXT) reported interest coverage of -5.1× in Q1 2026.
What is the long-term trend for NXXT's interest coverage?: Over 3 years (2021 to 2025), NXXT's interest coverage has grown at a -28.9% compound annual growth rate (CAGR), from -11.3× to -4.1×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.