Next annual debt-to-assets ratio
2021
2022
2023
2024
2025
2026
Next Debt-to-Assets Ratio Growth & History (NXT)
Next's debt-to-assets ratio was 0.22 for fiscal 2026.
View full Next company overviewNext annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 0.22 | 0.00 | +1.05% |
| 2025 | 2025-01-25 | 0.22 | −0.02 | −7.42% |
| 2024 | 2024-01-27 | 0.24 | −0.04 | −15.65% |
| 2023 | 2023-01-28 | 0.28 | −0.04 | −12.83% |
| 2022 | 2022-01-29 | 0.32 | −0.02 | −4.79% |
| 2021 | 2021-01-30 | 0.34 | — | — |
Next quarterly debt-to-assets ratio
Q4.25
Q2.26
Q4.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-01-31 | 0.37 | −0.02 | −4.06% |
| Q2 2026 | 2025-07-31 | 0.38 | — | — |
| Q4 2025 | 2025-01-31 | 0.38 | — | — |
Next debt-to-assets ratio trends
Over the last five fiscal years, Next's debt-to-assets ratio decreased from 0.34 to 0.22, a change of −0.12. The latest reported quarter, Q4 2026, shows 0.37.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Next source filings ↗Community posts
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