Nextedia Balance Sheet Health
Financial Health criteria checks 4/6
Nextedia has a total shareholder equity of €30.2M and total debt of €7.6M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are €57.6M and €27.4M respectively. Nextedia's EBIT is €3.3M making its interest coverage ratio 15.2. It has cash and short-term investments of €7.2M.
Key information
25.1%
Debt to equity ratio
€7.59m
Debt
| Interest coverage ratio | 15.2x |
| Cash | €7.19m |
| Equity | €30.22m |
| Total liabilities | €27.35m |
| Total assets | €57.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KA's short term assets (€25.6M) exceed its short term liabilities (€21.7M).
Long Term Liabilities: 9KA's short term assets (€25.6M) exceed its long term liabilities (€5.7M).
Debt to Equity History and Analysis
Debt Level: 9KA's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 9KA's debt to equity ratio has increased from 20% to 25.1% over the past 5 years.
Debt Coverage: 9KA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9KA's interest payments on its debt are well covered by EBIT (15.2x coverage).