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
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KB3's short term assets (€4.6B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: 0KB3's short term assets (€4.6B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: 0KB3's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 0KB3's debt to equity ratio has reduced from 100.9% to 72.2% over the past 5 years.
Debt Coverage: 0KB3's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 0KB3's interest payments on its debt are not well covered by EBIT (0.5x coverage).