Nexus Balance Sheet Health
Financial Health criteria checks 6/6
Nexus has a total shareholder equity of €258.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €411.7M and €153.1M respectively. Nexus's EBIT is €29.7M making its interest coverage ratio -26.5. It has cash and short-term investments of €99.0M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -26.5x |
Cash | €99.00m |
Equity | €258.58m |
Total liabilities | €153.13m |
Total assets | €411.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXU's short term assets (€167.8M) exceed its short term liabilities (€86.2M).
Long Term Liabilities: NXU's short term assets (€167.8M) exceed its long term liabilities (€66.9M).
Debt to Equity History and Analysis
Debt Level: NXU is debt free.
Reducing Debt: NXU has no debt compared to 5 years ago when its debt to equity ratio was 8.3%.
Debt Coverage: NXU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NXU has no debt, therefore coverage of interest payments is not a concern.