Nexans Balance Sheet Health
Financial Health criteria checks 6/6
Nexans has a total shareholder equity of €1.7B and total debt of €1.2B, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are €6.5B and €4.8B respectively. Nexans's EBIT is €414.0M making its interest coverage ratio 7.3. It has cash and short-term investments of €1.1B.
Key information
70.9%
Debt to equity ratio
€1.21b
Debt
| Interest coverage ratio | 7.3x |
| Cash | €1.13b |
| Equity | €1.71b |
| Total liabilities | €4.83b |
| Total assets | €6.54b |
Recent financial health updates
Is Nexans (EPA:NEX) Using Too Much Debt?
Dec 06
We Think Nexans (EPA:NEX) Is Taking Some Risk With Its Debt
Aug 22These 4 Measures Indicate That Nexans (EPA:NEX) Is Using Debt Reasonably Well
May 01Here's Why Nexans (EPA:NEX) Can Manage Its Debt Responsibly
Dec 29We Think Nexans (EPA:NEX) Can Stay On Top Of Its Debt
Sep 19Is Nexans (EPA:NEX) Using Too Much Debt?
Jun 08Recent updates
Nexans S.A.'s (EPA:NEX) Earnings Haven't Escaped The Attention Of Investors
Apr 10Investors Can Find Comfort In Nexans' (EPA:NEX) Earnings Quality
Feb 22Nexans S.A.'s (EPA:NEX) Intrinsic Value Is Potentially 37% Above Its Share Price
Feb 13Nexans S.A.'s (EPA:NEX) Earnings Haven't Escaped The Attention Of Investors
Jan 08Is Nexans (EPA:NEX) Using Too Much Debt?
Dec 06Nexans (EPA:NEX) Is Doing The Right Things To Multiply Its Share Price
Nov 21Is There Now An Opportunity In Nexans S.A. (EPA:NEX)?
Sep 27We Think Nexans (EPA:NEX) Is Taking Some Risk With Its Debt
Aug 22Investors Will Want Nexans' (EPA:NEX) Growth In ROCE To Persist
Aug 07A Look At The Intrinsic Value Of Nexans S.A. (EPA:NEX)
Jul 23Is Now The Time To Look At Buying Nexans S.A. (EPA:NEX)?
Jun 22These 4 Measures Indicate That Nexans (EPA:NEX) Is Using Debt Reasonably Well
May 01Estimating The Intrinsic Value Of Nexans S.A. (EPA:NEX)
Apr 15Nexans (EPA:NEX) Is Increasing Its Dividend To €2.10
Apr 01We Like These Underlying Return On Capital Trends At Nexans (EPA:NEX)
Mar 16Calculating The Fair Value Of Nexans S.A. (EPA:NEX)
Jan 13Here's Why Nexans (EPA:NEX) Can Manage Its Debt Responsibly
Dec 29Investors Met With Slowing Returns on Capital At Nexans (EPA:NEX)
Dec 13Why Nexans S.A. (EPA:NEX) Could Be Worth Watching
Nov 28Nexans S.A.'s (EPA:NEX) Intrinsic Value Is Potentially 39% Above Its Share Price
Oct 03We Think Nexans (EPA:NEX) Can Stay On Top Of Its Debt
Sep 19Nexans (EPA:NEX) Has More To Do To Multiply In Value Going Forward
Sep 05Is Now An Opportune Moment To Examine Nexans S.A. (EPA:NEX)?
Aug 23Nexans S.A. (EPA:NEX) Shares Could Be 45% Below Their Intrinsic Value Estimate
Jun 21Is Nexans (EPA:NEX) Using Too Much Debt?
Jun 08We Like These Underlying Return On Capital Trends At Nexans (EPA:NEX)
May 25Should You Think About Buying Nexans S.A. (EPA:NEX) Now?
Apr 22Nexans (EPA:NEX) Is Paying Out A Larger Dividend Than Last Year
Apr 02Nexans (EPA:NEX) Is Experiencing Growth In Returns On Capital
Feb 24Nexans S.A.'s (EPA:NEX) Intrinsic Value Is Potentially 26% Above Its Share Price
Feb 11Is There Now An Opportunity In Nexans S.A. (EPA:NEX)?
Jan 03Is Nexans (EPA:NEX) Using Too Much Debt?
Nov 28Returns On Capital Are Showing Encouraging Signs At Nexans (EPA:NEX)
Oct 30Are Investors Undervaluing Nexans S.A. (EPA:NEX) By 39%?
Oct 15Is Nexans S.A. (EPA:NEX) Potentially Undervalued?
Sep 14Nexans (EPA:NEX) Could Easily Take On More Debt
Aug 15Analysts Are Updating Their Nexans S.A. (EPA:NEX) Estimates After Its Interim Results
Jul 31Nexans (EPA:NEX) Might Have The Makings Of A Multi-Bagger
Jul 24Is There An Opportunity With Nexans S.A.'s (EPA:NEX) 41% Undervaluation?
Jul 04Is Now An Opportune Moment To Examine Nexans S.A. (EPA:NEX)?
Jun 16Shareholders Will Most Likely Find Nexans S.A.'s (EPA:NEX) CEO Compensation Acceptable
May 05These 4 Measures Indicate That Nexans (EPA:NEX) Is Using Debt Reasonably Well
Mar 11We Like Nexans' (EPA:NEX) Earnings For More Than Just Statutory Profit
Feb 23What We Make Of Nexans' (EPA:NEX) Returns On Capital
Feb 20Is Now The Time To Look At Buying Nexans S.A. (EPA:NEX)?
Feb 02
Do Institutions Own Nexans S.A. (EPA:NEX) Shares?
Jan 12These 4 Measures Indicate That Nexans (EPA:NEX) Is Using Debt Reasonably Well
Dec 08Financial Position Analysis
Short Term Liabilities: NEX's short term assets (€3.8B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: NEX's short term assets (€3.8B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: NEX's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: NEX's debt to equity ratio has reduced from 90.1% to 70.9% over the past 5 years.
Debt Coverage: NEX's debt is well covered by operating cash flow (57.7%).
Interest Coverage: NEX's interest payments on its debt are well covered by EBIT (7.3x coverage).