NEXT Financial Health

How is NEXT's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NXT's short term assets (£2.5B) exceed its short term liabilities (£1.5B).

Long Term Liabilities: NXT's short term assets (£2.5B) exceed its long term liabilities (£1.8B).


Debt to Equity History and Analysis

Debt Level: NXT's net debt to equity ratio (92%) is considered high.

Reducing Debt: NXT's debt to equity ratio has reduced from 218.5% to 123.6% over the past 5 years.

Debt Coverage: NXT's debt is well covered by operating cash flow (59%).

Interest Coverage: NXT's interest payments on its debt are well covered by EBIT (13x coverage).


Balance Sheet


Discover healthy companies