NexLiving Communities Inc.

TSXV:NXLV Stock Report

Market Cap: CA$75.3m

NexLiving Communities Balance Sheet Health

Financial Health criteria checks 0/6

NexLiving Communities has a total shareholder equity of CA$133.9M and total debt of CA$314.8M, which brings its debt-to-equity ratio to 235.1%. Its total assets and total liabilities are CA$460.4M and CA$326.5M respectively. NexLiving Communities's EBIT is CA$10.4M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$8.2M.

Key information

235.1%

Debt to equity ratio

CA$314.84m

Debt

Interest coverage ratio1.5x
CashCA$8.24m
EquityCA$133.91m
Total liabilitiesCA$326.49m
Total assetsCA$460.40m

Recent financial health updates

Recent updates

NexLiving Communities Inc.'s (CVE:NXLV) 30% Jump Shows Its Popularity With Investors

Oct 02
NexLiving Communities Inc.'s (CVE:NXLV) 30% Jump Shows Its Popularity With Investors

NexLiving Communities (CVE:NXLV) Will Pay A Dividend Of CA$0.01

Sep 05
NexLiving Communities (CVE:NXLV) Will Pay A Dividend Of CA$0.01

NexLiving Communities' (CVE:NXLV) Dividend Will Be CA$0.01

Aug 20
NexLiving Communities' (CVE:NXLV) Dividend Will Be CA$0.01

Investors Continue Waiting On Sidelines For NexLiving Communities Inc. (CVE:NXLV)

Aug 14
Investors Continue Waiting On Sidelines For NexLiving Communities Inc. (CVE:NXLV)

NexLiving Communities (CVE:NXLV) Has Affirmed Its Dividend Of CA$0.01

May 31
NexLiving Communities (CVE:NXLV) Has Affirmed Its Dividend Of CA$0.01

NexLiving Communities Inc.'s (CVE:NXLV) 32% Price Boost Is Out Of Tune With Earnings

Jan 23
NexLiving Communities Inc.'s (CVE:NXLV) 32% Price Boost Is Out Of Tune With Earnings

NexLiving Communities (CVE:NXLV) Is Paying Out A Larger Dividend Than Last Year

Aug 22
NexLiving Communities (CVE:NXLV) Is Paying Out A Larger Dividend Than Last Year

An Intrinsic Calculation For NexLiving Communities Inc. (CVE:NXLV) Suggests It's 41% Undervalued

Jul 31
An Intrinsic Calculation For NexLiving Communities Inc. (CVE:NXLV) Suggests It's 41% Undervalued

We Think NexLiving Communities (CVE:NXLV) Is Taking Some Risk With Its Debt

Jun 01
We Think NexLiving Communities (CVE:NXLV) Is Taking Some Risk With Its Debt

Why NexLiving Communities' (CVE:NXLV) Soft Earnings Are Just The Beginning Of Its Problems

Apr 20
Why NexLiving Communities' (CVE:NXLV) Soft Earnings Are Just The Beginning Of Its Problems

Investors Don't See Light At End Of NexLiving Communities Inc.'s (CVE:NXLV) Tunnel

Nov 01
Investors Don't See Light At End Of NexLiving Communities Inc.'s (CVE:NXLV) Tunnel

NexLiving Communities (CVE:NXLV) Has A Somewhat Strained Balance Sheet

Sep 01
NexLiving Communities (CVE:NXLV) Has A Somewhat Strained Balance Sheet

Jeffrey Dean Is The Independent Director of ViveRE Communities Inc. (CVE:VCOM) And They Just Picked Up 7.5% More Shares

Dec 17
Jeffrey Dean Is The Independent Director of ViveRE Communities Inc. (CVE:VCOM) And They Just Picked Up 7.5% More Shares

Health Check: How Prudently Does ViveRE Communities (CVE:VCOM) Use Debt?

Dec 04
Health Check: How Prudently Does ViveRE Communities (CVE:VCOM) Use Debt?

Financial Position Analysis

Short Term Liabilities: NXLV's short term assets (CA$11.0M) do not cover its short term liabilities (CA$50.2M).

Long Term Liabilities: NXLV's short term assets (CA$11.0M) do not cover its long term liabilities (CA$276.3M).


Debt to Equity History and Analysis

Debt Level: NXLV's net debt to equity ratio (229%) is considered high.

Reducing Debt: NXLV's debt to equity ratio has increased from 207.4% to 235.1% over the past 5 years.

Debt Coverage: NXLV's debt is not well covered by operating cash flow (3.1%).

Interest Coverage: NXLV's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


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