NextNRG Balance Sheet Health
Financial Health criteria checks 2/6
NextNRG has a total shareholder equity of $-17.3M and total debt of $23.4M, which brings its debt-to-equity ratio to -135.7%. Its total assets and total liabilities are $19.6M and $36.9M respectively.
Key information
-135.68%
Debt to equity ratio
US$23.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$653.87k |
| Equity | -US$17.27m |
| Total liabilities | US$36.92m |
| Total assets | US$19.65m |
Recent financial health updates
Recent updates
NextNRG: A Speculative Energy Play I'm Watching, But Not Buying
Jan 19Why We're Not Concerned Yet About NextNRG Inc.'s (NASDAQ:NXXT) 30% Share Price Plunge
Jan 10
NextNRG Inc. (NASDAQ:NXXT) Stocks Pounded By 34% But Not Lagging Industry On Growth Or Pricing
Nov 20NextNRG Inc.'s (NASDAQ:NXXT) 29% Jump Shows Its Popularity With Investors
Oct 05
Integrated Microgrids And EV Charging Will Accelerate Energy Transition
Key Takeaways Integrated energy solutions and technology-agnostic platform enable resilience to market shifts, driving sustainable revenue and long-term contracts with utilities and institutional clients. Operational efficiencies and expansion into hybrid microgrids support improved margins, recurring income streams, and enhanced cash flow stability.With A 26% Price Drop For NextNRG Inc. (NASDAQ:NXXT) You'll Still Get What You Pay For
Aug 16Investors Give NextNRG Inc. (NASDAQ:NXXT) Shares A 31% Hiding
Feb 19Market Still Lacking Some Conviction On EZFill Holdings Inc. (NASDAQ:EZFL)
Dec 06EZFill Holdings Inc. (NASDAQ:EZFL) Stock's 35% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 21Positive Sentiment Still Eludes EZFill Holdings Inc. (NASDAQ:EZFL) Following 26% Share Price Slump
Jun 19Even With A 42% Surge, Cautious Investors Are Not Rewarding EZFill Holdings Inc.'s (NASDAQ:EZFL) Performance Completely
Apr 26EZFill Holdings Inc. (NASDAQ:EZFL) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 06A Piece Of The Puzzle Missing From EZFill Holdings Inc.'s (NASDAQ:EZFL) Share Price
Apr 17EzFill Holdings expands reach to West Coast Florida market
Aug 30Financial Position Analysis
Short Term Liabilities: NXXT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NXXT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NXXT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NXXT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NXXT has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NXXT is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/24 11:53 |
| End of Day Share Price | 2026/03/24 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NextNRG, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Dayal | H.C. Wainwright & Co. |