What is NXXT's return on equity?

NXXT (NXXT) reported return on equity of -1,208.8% in Q3 2024.

How has NXXT's return on equity changed year-over-year?

NXXT's return on equity decreased by 440.3% year-over-year, from -223.7% to -1,208.8%.

What does return on equity mean?

Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

NXXT NXXT Return on equity

Return on equity at other companies

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4.9%-3.9pp

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19.1%+10.7pp

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-277.4%-1,122pp

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-88.1%-3.4pp

Enphase EnergyENPH

14.1%-3.0pp

Microvast Holdings, Inc.MVST

-30.3%+5.7pp

Other financials

Income statement

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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

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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

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Operating cash flow-$2.1M+62.8%

CapEx$5.7M+26,892%

Free cash flow-$7.2M-490%

Valuation

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Market cap$55.34M-83.0%

Enterprise value$58.5M-81.9%

P/S0.6×-5.9×

Profitability

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Gross margin9.4%+4.4pp

Operating margin-86%-1,407pp

Net margin-101.1%+60.1pp

FCF margin-43%—

Returns & leverage

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Debt / equity0.3×-56.1×

Current ratio0.2×0.0×

Where this comes from

Calculated from NXXT’s reported figures.

net income/total stockholders equity=-1,208.8%

Based on trailing twelve months.

The official record: NXXT’s 10-Q, filed November 13, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is NXXT's return on equity?: NXXT (NXXT) reported return on equity of -1,208.8% in Q3 2024.
How has NXXT's return on equity changed year-over-year?: NXXT's return on equity decreased by 440.3% year-over-year, from -223.7% to -1,208.8%.
What does return on equity mean?: Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.