Nexi Balance Sheet Health
Financial Health criteria checks 2/6
Nexi has a total shareholder equity of €11.3B and total debt of €11.0B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are €26.3B and €15.1B respectively. Nexi's EBIT is €769.6M making its interest coverage ratio 2. It has cash and short-term investments of €2.7B.
Key information
97.0%
Debt to equity ratio
€10.96b
Debt
Interest coverage ratio | 2x |
Cash | €2.69b |
Equity | €11.30b |
Total liabilities | €15.05b |
Total assets | €26.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEXI's short term assets (€8.6B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: NEXI's short term assets (€8.6B) do not cover its long term liabilities (€13.6B).
Debt to Equity History and Analysis
Debt Level: NEXI's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: NEXI's debt to equity ratio has reduced from 789.3% to 97% over the past 5 years.
Debt Coverage: NEXI's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: NEXI's interest payments on its debt are not well covered by EBIT (2x coverage).