NexGen Energy Balance Sheet Health
Financial Health criteria checks 4/6
NexGen Energy has a total shareholder equity of CA$1.2B and total debt of CA$464.7M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are CA$1.7B and CA$486.6M respectively.
Key information
39.0%
Debt to equity ratio
CA$464.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$572.36m |
| Equity | CA$1.19b |
| Total liabilities | CA$486.61m |
| Total assets | CA$1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXG's short term assets (CA$582.7M) exceed its short term liabilities (CA$486.1M).
Long Term Liabilities: NXG's short term assets (CA$582.7M) exceed its long term liabilities (CA$523.0K).
Debt to Equity History and Analysis
Debt Level: NXG has more cash than its total debt.
Reducing Debt: NXG's debt to equity ratio has reduced from 67.1% to 39% over the past 5 years.
Debt Coverage: NXG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NXG's interest payments on its debt are well covered by EBIT.