Nexi Balance Sheet Health
Financial Health criteria checks 5/6
Nexi has a total shareholder equity of €11.2B and total debt of €6.8B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are €27.3B and €16.1B respectively. Nexi's EBIT is €777.2M making its interest coverage ratio 1.7. It has cash and short-term investments of €2.4B.
Key information
60.9%
Debt to equity ratio
€6.80b
Debt
| Interest coverage ratio | 1.7x |
| Cash | €2.38b |
| Equity | €11.16b |
| Total liabilities | €16.10b |
| Total assets | €27.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N0XA's short term assets (€9.6B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: N0XA's short term assets (€9.6B) do not cover its long term liabilities (€13.7B).
Debt to Equity History and Analysis
Debt Level: N0XA's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: N0XA's debt to equity ratio has reduced from 143.9% to 60.9% 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: Whilst unprofitable N0XA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: N0XA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.1% per year.