NEXT: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, NEXT has $10,008,819K in assets. $8,032,472K in debts. $209,402K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	209,402	158,537
Restricted cash	535,272	298,502
Derivatives	9,680	13,110
Prepaid expenses and other current assets	10,465	6,699
Total current assets	764,819	476,848
Property, plant and equipment, net	8,470,021	6,589,331
Operating lease right-of-use assets	163,577	163,909
Deferred financing fees	244,521	260,564
Derivatives	329,532	324,887
Other non-current assets	36,349	49,311
Total assets	10,008,819	7,864,850

Accounts payable	428,860	311,704
Operating leases	3,296	2,995
Accrued and other current liabilities	761,817	369,185
Total current liabilities	1,193,973	683,884
Debt, net	6,609,434	5,170,547
Operating leases	143,260	143,227
Other non-current liabilities	85,805	1,668
Total liabilities	8,032,472	5,999,326
Common stock, 0.0001 par value, 480.0 million authorized 264.4 million and 260.2 million outstanding, respectively	26	26
Treasury stock 4.7 million shares and 3.1 million respectively, at cost	36,478	21,007
Additional paid-in-capital	903,614	884,656
Accumulated deficit	-712,677	-603,195
Total stockholders equity	154,485	260,480
Non-controlling interest	1,821,862	1,605,044
Total equity	1,976,347	1,865,524
Total liabilities and equity	10,008,819	7,864,850