NexLiving Communities Balance Sheet Health
Financial Health criteria checks 1/6
NexLiving Communities has a total shareholder equity of CA$76.8M and total debt of CA$157.0M, which brings its debt-to-equity ratio to 204.3%. Its total assets and total liabilities are CA$236.8M and CA$159.9M respectively. NexLiving Communities's EBIT is CA$9.8M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$8.9M.
Key information
204.3%
Debt to equity ratio
CA$157.00m
Debt
| Interest coverage ratio | 1.5x |
| Cash | CA$8.90m |
| Equity | CA$76.84m |
| Total liabilities | CA$159.95m |
| Total assets | CA$236.79m |
Recent financial health updates
We Think NexLiving Communities (CVE:NXLV) Is Taking Some Risk With Its Debt
Jun 01
NexLiving Communities (CVE:NXLV) Has A Somewhat Strained Balance Sheet
Sep 01Health Check: How Prudently Does ViveRE Communities (CVE:VCOM) Use Debt?
Dec 04Recent updates
NexLiving Communities Inc.'s (CVE:NXLV) 30% Jump Shows Its Popularity With Investors
Oct 02NexLiving Communities (CVE:NXLV) Will Pay A Dividend Of CA$0.01
Sep 05NexLiving Communities' (CVE:NXLV) Dividend Will Be CA$0.01
Aug 20Investors Continue Waiting On Sidelines For NexLiving Communities Inc. (CVE:NXLV)
Aug 14NexLiving Communities (CVE:NXLV) Has Affirmed Its Dividend Of CA$0.01
May 31NexLiving Communities Inc.'s (CVE:NXLV) 32% Price Boost Is Out Of Tune With Earnings
Jan 23NexLiving Communities (CVE:NXLV) Is Paying Out A Larger Dividend Than Last Year
Aug 22An Intrinsic Calculation For NexLiving Communities Inc. (CVE:NXLV) Suggests It's 41% Undervalued
Jul 31We Think NexLiving Communities (CVE:NXLV) Is Taking Some Risk With Its Debt
Jun 01Why NexLiving Communities' (CVE:NXLV) Soft Earnings Are Just The Beginning Of Its Problems
Apr 20Investors Don't See Light At End Of NexLiving Communities Inc.'s (CVE:NXLV) Tunnel
Nov 01NexLiving Communities (CVE:NXLV) Has A Somewhat Strained Balance Sheet
Sep 01Jeffrey Dean Is The Independent Director of ViveRE Communities Inc. (CVE:VCOM) And They Just Picked Up 7.5% More Shares
Dec 17
Health Check: How Prudently Does ViveRE Communities (CVE:VCOM) Use Debt?
Dec 04Financial Position Analysis
Short Term Liabilities: NXLV's short term assets (CA$13.5M) do not cover its short term liabilities (CA$34.4M).
Long Term Liabilities: NXLV's short term assets (CA$13.5M) do not cover its long term liabilities (CA$125.6M).
Debt to Equity History and Analysis
Debt Level: NXLV's net debt to equity ratio (192.7%) is considered high.
Reducing Debt: NXLV's debt to equity ratio has reduced from 229.9% to 204.3% over the past 5 years.
Debt Coverage: NXLV's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: NXLV's interest payments on its debt are not well covered by EBIT (1.5x coverage).