NEXTDC Balance Sheet Health
Financial Health criteria checks 3/6
NEXTDC has a total shareholder equity of A$4.2B and total debt of A$777.9M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are A$5.2B and A$1.0B respectively. NEXTDC's EBIT is A$14.1M making its interest coverage ratio 0.4. It has cash and short-term investments of A$373.0M.
Key information
18.5%
Debt to equity ratio
AU$777.94m
Debt
| Interest coverage ratio | 0.4x |
| Cash | AU$372.97m |
| Equity | AU$4.20b |
| Total liabilities | AU$1.05b |
| Total assets | AU$5.24b |
Recent financial health updates
Does NEXTDC (ASX:NXT) Have A Healthy Balance Sheet?
Oct 09
NEXTDC (ASX:NXT) Has A Somewhat Strained Balance Sheet
May 10These 4 Measures Indicate That NEXTDC (ASX:NXT) Is Using Debt Extensively
Sep 21Is NEXTDC (ASX:NXT) Using Too Much Debt?
Sep 16Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden
Jun 17Recent updates
NEXTDC Limited's (ASX:NXT) Share Price Not Quite Adding Up
Apr 10Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital
Mar 19NEXTDC Limited's (ASX:NXT) Popularity With Investors Is Under Threat From Overpricing
Dec 15Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital
Aug 28AU$17.37 - That's What Analysts Think NEXTDC Limited (ASX:NXT) Is Worth After These Results
Feb 29NEXTDC Limited's (ASX:NXT) Shareholders Might Be Looking For Exit
Feb 22There Are Reasons To Feel Uneasy About NEXTDC's (ASX:NXT) Returns On Capital
Dec 12Does NEXTDC (ASX:NXT) Have A Healthy Balance Sheet?
Oct 09NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business
Sep 13NEXTDC (ASX:NXT) Has A Somewhat Strained Balance Sheet
May 10NEXTDC (ASX:NXT) Might Be Having Difficulty Using Its Capital Effectively
Jan 12This Is Why We Think NEXTDC Limited's (ASX:NXT) CEO Might Get A Pay Rise Approved By Shareholders
Nov 11These 4 Measures Indicate That NEXTDC (ASX:NXT) Is Using Debt Extensively
Sep 21NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business
Jul 27NEXTDC (ASX:NXT) Is Reinvesting At Lower Rates Of Return
Apr 27We Think That There Are Issues Underlying NEXTDC's (ASX:NXT) Earnings
Mar 02Some Investors May Be Worried About NEXTDC's (ASX:NXT) Returns On Capital
Dec 13Is NEXTDC (ASX:NXT) Using Too Much Debt?
Sep 16Returns Are Gaining Momentum At NEXTDC (ASX:NXT)
Aug 08Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden
Jun 17NEXTDC (ASX:NXT) Might Have The Makings Of A Multi-Bagger
May 06NEXTDC Limited (ASX:NXT) Insiders Increased Their Holdings
Mar 19NEXTDC Limited (ASX:NXT) Just Released Its Interim Earnings: Here's What Analysts Think
Feb 26Did The Underlying Business Drive NEXTDC's (ASX:NXT) Lovely 379% Share Price Gain?
Feb 18
Will The ROCE Trend At NEXTDC (ASX:NXT) Continue?
Jan 28Is NEXTDC Limited (ASX:NXT) Popular Amongst Institutions?
Jan 07Have Insiders Been Buying NEXTDC Limited (ASX:NXT) Shares?
Dec 17A Look At NEXTDC's (ASX:NXT) CEO Remuneration
Nov 29Financial Position Analysis
Short Term Liabilities: NXT's short term assets (A$467.2M) exceed its short term liabilities (A$139.3M).
Long Term Liabilities: NXT's short term assets (A$467.2M) do not cover its long term liabilities (A$906.9M).
Debt to Equity History and Analysis
Debt Level: NXT's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: NXT's debt to equity ratio has reduced from 91.3% to 18.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NXT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.7% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/22 23:17 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NEXTDC Limited is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| April Lowis | Barrenjoey Markets Pty Limited |
| Eric Choi | Barrenjoey Markets Pty Limited |
| Aryan Norozi | Barrenjoey Markets Pty Limited |