NexGen Energy Balance Sheet Health
Financial Health criteria checks 4/6
NexGen Energy has a total shareholder equity of CA$928.9M and total debt of CA$175.9M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CA$1.1B and CA$204.2M respectively.
Key information
18.9%
Debt to equity ratio
CA$175.91m
Debt
Interest coverage ratio | n/a |
Cash | CA$383.16m |
Equity | CA$928.86m |
Total liabilities | CA$204.21m |
Total assets | CA$1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXG's short term assets (CA$398.4M) exceed its short term liabilities (CA$203.4M).
Long Term Liabilities: NXG's short term assets (CA$398.4M) exceed its long term liabilities (CA$772.0K).
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 63.4% to 18.9% 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.