What is NXXT's operating lease ROU assets?

NXXT (NXXT) reported operating lease ROU assets of $354.6K in Q3 2023.

How has NXXT's operating lease ROU assets changed year-over-year?

NXXT's operating lease ROU assets decreased by 38.5% year-over-year, from $576.12K to $354.6K.

What does operating lease ROU assets mean?

This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.

NXXT NXXT Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Tesla, Inc.TSLA

$6.33B+18.8%

ChargePointCHPT

$9.52M-32.5%

NeoVoltaNEOV

$836.47K—

Enphase EnergyENPH

$34.8M—

Microvast Holdings, Inc.MVST

$16.77M-7.9%

AmerescoAMRC

$75.65M-3.5%

Segments

By segment

See full

Mobile Fuel Delivery$552.49K—

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

Reported directly by NXXT in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: NXXT’s 10-Q, filed November 14, 2023, on SEC EDGAR. View the filing →

Ask your AI about NXXT's operating lease rou assets.

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

Connect your AI

Claude

Questions, answered.

What is NXXT's operating lease ROU assets?: NXXT (NXXT) reported operating lease ROU assets of $354.6K in Q3 2023.
How has NXXT's operating lease ROU assets changed year-over-year?: NXXT's operating lease ROU assets decreased by 38.5% year-over-year, from $576.12K to $354.6K.
What does operating lease ROU assets mean?: This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.