Nexity Balance Sheet Health
Financial Health criteria checks 4/6
Nexity has a total shareholder equity of €2.0B and total debt of €1.4B, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are €6.9B and €4.9B respectively. Nexity's EBIT is €45.1M making its interest coverage ratio 0.5. It has cash and short-term investments of €673.0M.
Key information
72.2%
Debt to equity ratio
€1.43b
Debt
| Interest coverage ratio | 0.5x |
| Cash | €673.04m |
| Equity | €1.99b |
| Total liabilities | €4.95b |
| Total assets | €6.93b |
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
Estimating The Intrinsic Value Of Nexity SA (EPA:NXI)
Sep 11Nexity SA's (EPA:NXI) Price Is Right But Growth Is Lacking After Shares Rocket 31%
May 21At €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 22Financial Position Analysis
Short Term Liabilities: NXI's short term assets (€4.6B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: NXI's short term assets (€4.6B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: NXI's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: NXI's debt to equity ratio has reduced from 100.9% to 72.2% over the past 5 years.
Debt Coverage: NXI's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: NXI's interest payments on its debt are not well covered by EBIT (0.5x coverage).