NexGen Energy Balance Sheet Health
Financial Health criteria checks 4/6
NexGen Energy has a total shareholder equity of CA$820.0M and total debt of CA$158.5M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are CA$1.0B and CA$187.4M respectively.
Key information
19.3%
Debt to equity ratio
CA$158.48m
Debt
Interest coverage ratio | n/a |
Cash | CA$290.74m |
Equity | CA$820.02m |
Total liabilities | CA$187.41m |
Total assets | CA$1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NE's short term assets (CA$307.0M) exceed its short term liabilities (CA$27.9M).
Long Term Liabilities: 6NE's short term assets (CA$307.0M) exceed its long term liabilities (CA$159.5M).
Debt to Equity History and Analysis
Debt Level: 6NE has more cash than its total debt.
Reducing Debt: 6NE's debt to equity ratio has reduced from 76% to 19.3% over the past 5 years.
Debt Coverage: 6NE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6NE's interest payments on its debt are well covered by EBIT.