NEXT plc

LSE:NXT Stock Report

Market Cap: UK£11.7b

NEXT Balance Sheet Health

Financial Health criteria checks 5/6

NEXT has a total shareholder equity of £1.5B and total debt of £863.5M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are £4.8B and £3.3B respectively. NEXT's EBIT is £1.0B making its interest coverage ratio 11.6. It has cash and short-term investments of £153.6M.

Key information

58.4%

Debt to equity ratio

UK£863.50m

Debt

Interest coverage ratio11.6x
CashUK£153.60m
EquityUK£1.48b
Total liabilitiesUK£3.28b
Total assetsUK£4.76b

Recent financial health updates

These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well

Oct 12
These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well

Is NEXT (LON:NXT) A Risky Investment?

Apr 28
Is NEXT (LON:NXT) A Risky Investment?

We Think NEXT (LON:NXT) Can Stay On Top Of Its Debt

Jan 08
We Think NEXT (LON:NXT) Can Stay On Top Of Its Debt

Recent updates

NEXT (LON:NXT) Ticks All The Boxes When It Comes To Earnings Growth

Dec 16
NEXT (LON:NXT) Ticks All The Boxes When It Comes To Earnings Growth

Calculating The Intrinsic Value Of NEXT plc (LON:NXT)

Nov 23
Calculating The Intrinsic Value Of NEXT plc (LON:NXT)

Capital Investments At NEXT (LON:NXT) Point To A Promising Future

Nov 11
Capital Investments At NEXT (LON:NXT) Point To A Promising Future

NEXT's (LON:NXT) Dividend Will Be £0.75

Oct 30
NEXT's (LON:NXT) Dividend Will Be £0.75

These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well

Oct 12
These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well

NEXT's (LON:NXT) Solid Earnings May Rest On Weak Foundations

Sep 26
NEXT's (LON:NXT) Solid Earnings May Rest On Weak Foundations

NEXT's (LON:NXT) Dividend Will Be £0.75

Sep 22
NEXT's (LON:NXT) Dividend Will Be £0.75

With EPS Growth And More, NEXT (LON:NXT) Makes An Interesting Case

Sep 16
With EPS Growth And More, NEXT (LON:NXT) Makes An Interesting Case

What Does NEXT plc's (LON:NXT) Share Price Indicate?

Sep 02
What Does NEXT plc's (LON:NXT) Share Price Indicate?

A Look At The Fair Value Of NEXT plc (LON:NXT)

Aug 06
A Look At The Fair Value Of NEXT plc (LON:NXT)

NEXT plc's (LON:NXT) Price Is Right But Growth Is Lacking

Jul 11
NEXT plc's (LON:NXT) Price Is Right But Growth Is Lacking

NEXT (LON:NXT) Has Announced That It Will Be Increasing Its Dividend To £1.41

Jun 15
NEXT (LON:NXT) Has Announced That It Will Be Increasing Its Dividend To £1.41

NEXT (LON:NXT) Is Aiming To Keep Up Its Impressive Returns

Jun 14
NEXT (LON:NXT) Is Aiming To Keep Up Its Impressive Returns

Do NEXT's (LON:NXT) Earnings Warrant Your Attention?

Jun 02
Do NEXT's (LON:NXT) Earnings Warrant Your Attention?

NEXT (LON:NXT) Is Increasing Its Dividend To £1.41

May 21
NEXT (LON:NXT) Is Increasing Its Dividend To £1.41

Here's Why NEXT plc's (LON:NXT) CEO Compensation Is The Least Of Shareholders' Concerns

May 10
Here's Why NEXT plc's (LON:NXT) CEO Compensation Is The Least Of Shareholders' Concerns

NEXT (LON:NXT) Is Increasing Its Dividend To £1.41

Apr 30
NEXT (LON:NXT) Is Increasing Its Dividend To £1.41

Is NEXT (LON:NXT) A Risky Investment?

Apr 28
Is NEXT (LON:NXT) A Risky Investment?

NEXT (LON:NXT) Is Paying Out A Larger Dividend Than Last Year

Apr 16
NEXT (LON:NXT) Is Paying Out A Larger Dividend Than Last Year

NEXT (LON:NXT) Is Increasing Its Dividend To £1.41

Mar 24
NEXT (LON:NXT) Is Increasing Its Dividend To £1.41

Is There Now An Opportunity In NEXT plc (LON:NXT)?

Mar 21
Is There Now An Opportunity In NEXT plc (LON:NXT)?

Some Investors May Be Worried About NEXT's (LON:NXT) Returns On Capital

Mar 05
Some Investors May Be Worried About NEXT's (LON:NXT) Returns On Capital

Risks To Shareholder Returns Are Elevated At These Prices For NEXT plc (LON:NXT)

Feb 18
Risks To Shareholder Returns Are Elevated At These Prices For NEXT plc (LON:NXT)

We Think NEXT (LON:NXT) Can Stay On Top Of Its Debt

Jan 08
We Think NEXT (LON:NXT) Can Stay On Top Of Its Debt

Estimating The Intrinsic Value Of NEXT plc (LON:NXT)

Dec 27
Estimating The Intrinsic Value Of NEXT plc (LON:NXT)

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 (48%) is considered high.

Reducing Debt: NXT's debt to equity ratio has reduced from 641.6% to 58.4% over the past 5 years.

Debt Coverage: NXT's debt is well covered by operating cash flow (114%).

Interest Coverage: NXT's interest payments on its debt are well covered by EBIT (11.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 18:57
End of Day Share Price 2024/12/24 00:00
Earnings2024/07/27
Annual Earnings2024/01/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NEXT plc is covered by 50 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Nicholas BubbArden Partners Plc.
Karen HowlandBarclays