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$429.9M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CA$1.7B and CA$468.8M respectively.
Key information
35.4%
Debt to equity ratio
CA$429.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$537.77m |
| Equity | CA$1.21b |
| Total liabilities | CA$468.84m |
| 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$544.7M) exceed its short term liabilities (CA$468.6M).
Long Term Liabilities: NXG's short term assets (CA$544.7M) exceed its long term liabilities (CA$266.0K).
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 62.9% to 35.4% 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.