NextPlat Corp
NASDAQ:NXPL
Bankruptcy Probability
NextPlat Corp's probability of bankruptcy is 1.3%, making a collapse highly unlikely. The solvency score is 48/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
NextPlat Corp Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| US |
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NextPlat Corp
NASDAQ:NXPL
|
11.1m USD |
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| US |
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AST SpaceMobile Inc
NASDAQ:ASTS
|
33.6B USD |
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| US |
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EchoStar Corp
NASDAQ:SATS
|
31.7B USD |
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| ID |
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Indoritel Makmur Internasional Tbk PT
IDX:DNET
|
125.9T IDR |
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| US |
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Globalstar Inc
AMEX:GSAT
|
7.3B USD |
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| US |
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Lumen Technologies Inc
NYSE:LUMN
|
6.8B USD |
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| UK |
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Liberty Global PLC
NASDAQ:LBTYA
|
4.2B USD |
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| BM |
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Liberty Global Ltd
F:3O41
|
3.5B EUR |
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| MY |
T
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TIME dotCom Bhd
KLSE:TIMECOM
|
11.1B MYR |
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| US |
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Iridium Communications Inc
NASDAQ:IRDM
|
2.5B USD |
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| JP |
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U-Next Holdings Co Ltd
OTC:USNNF
|
2.5B USD |
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NextPlat Corp's probability of bankruptcy is 1.2%, making a collapse highly unlikely.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, NextPlat Corp has total debt of 910k USD. This includes both short-term (0 USD) and long-term (910k USD) debt.
You can find a full breakdown on its Balance Sheet.