Nexity Balance Sheet Health
Financial Health criteria checks 2/6
Nexity has a total shareholder equity of €1.9B and total debt of €1.7B, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are €8.5B and €6.6B respectively. Nexity's EBIT is €178.5M making its interest coverage ratio 2.3. It has cash and short-term investments of €715.9M.
Key information
89.8%
Debt to equity ratio
€1.74b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €715.95m |
| Equity | €1.94b |
| Total liabilities | €6.56b |
| Total assets | €8.50b |
Recent financial health updates
Nexity (EPA:NXI) Has A Rock Solid Balance Sheet
Aug 04
Is Nexity (EPA:NXI) A Risky Investment?
Oct 20Is Nexity (EPA:NXI) A Risky Investment?
Jun 28Nexity (EPA:NXI) Seems To Use Debt Quite Sensibly
Mar 29Here's Why Nexity (EPA:NXI) Can Manage Its Debt Responsibly
Dec 22Recent updates
At €13.29, Is It Time To Put Nexity SA (EPA:NXI) On Your Watch List?
Feb 29Why Investors Shouldn't Be Surprised By Nexity SA's (EPA:NXI) Low P/E
Dec 20Is There Now An Opportunity In Nexity SA (EPA:NXI)?
Oct 26Nexity (EPA:NXI) Has A Rock Solid Balance Sheet
Aug 04Should You Think About Buying Nexity SA (EPA:NXI) Now?
Jul 14Nexity SA's (EPA:NXI) Intrinsic Value Is Potentially 47% Above Its Share Price
Apr 15What Is Nexity SA's (EPA:NXI) Share Price Doing?
Mar 13At €22.16, Is It Time To Put Nexity SA (EPA:NXI) On Your Watch List?
Nov 11Is Nexity (EPA:NXI) A Risky Investment?
Oct 20Is There An Opportunity With Nexity SA's (EPA:NXI) 39% Undervaluation?
Sep 26Is Nexity SA (EPA:NXI) Potentially Undervalued?
Jul 19Is Nexity (EPA:NXI) A Risky Investment?
Jun 28Are Investors Undervaluing Nexity SA (EPA:NXI) By 35%?
Jun 10Nexity (EPA:NXI) Will Pay A Larger Dividend Than Last Year At €2.50
May 16Nexity's (EPA:NXI) Upcoming Dividend Will Be Larger Than Last Year's
May 02Is It Too Late To Consider Buying Nexity SA (EPA:NXI)?
Apr 15Nexity (EPA:NXI) Seems To Use Debt Quite Sensibly
Mar 29Nexity (EPA:NXI) Is Paying Out A Larger Dividend Than Last Year
Feb 27Estimating The Fair Value Of Nexity SA (EPA:NXI)
Feb 17At €38.88, Is Nexity SA (EPA:NXI) Worth Looking At Closely?
Jan 12Here's Why Nexity (EPA:NXI) Can Manage Its Debt Responsibly
Dec 22Does This Valuation Of Nexity SA (EPA:NXI) Imply Investors Are Overpaying?
Nov 06Is It Too Late To Consider Buying Nexity SA (EPA:NXI)?
Oct 07Does Nexity (EPA:NXI) Have A Healthy Balance Sheet?
Sep 21Calculating The Intrinsic Value Of Nexity SA (EPA:NXI)
Aug 07Is Now The Time To Look At Buying Nexity SA (EPA:NXI)?
Jun 25Should You Think About Buying Nexity SA (EPA:NXI) Now?
Mar 19We Think You Can Look Beyond Nexity's (EPA:NXI) Lackluster Earnings
Mar 03What To Know Before Buying Nexity SA (EPA:NXI) For Its Dividend
Feb 22What Kind Of Shareholders Hold The Majority In Nexity SA's (EPA:NXI) Shares?
Jan 26
If You Had Bought Nexity's (EPA:NXI) Shares Three Years Ago You Would Be Down 29%
Jan 06Is Nexity (EPA:NXI) A Risky Investment?
Dec 22What Is Nexity SA's (EPA:NXI) Share Price Doing?
Dec 08With A 7.3% Return On Equity, Is Nexity SA (EPA:NXI) A Quality Stock?
Nov 20Financial Position Analysis
Short Term Liabilities: NXI's short term assets (€6.2B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: NXI's short term assets (€6.2B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: NXI's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: NXI's debt to equity ratio has increased from 89.7% to 89.8% over the past 5 years.
Debt Coverage: NXI's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: NXI's interest payments on its debt are not well covered by EBIT (2.3x coverage).