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 ratio | 11.6x |
Cash | UK£153.60m |
Equity | UK£1.48b |
Total liabilities | UK£3.28b |
Total assets | UK£4.76b |
Recent financial health updates
These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well
Oct 12Is NEXT (LON:NXT) A Risky Investment?
Apr 28We Think NEXT (LON:NXT) Can Stay On Top Of Its Debt
Jan 08These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well
Oct 04Does NEXT (LON:NXT) Have A Healthy Balance Sheet?
May 01Recent updates
Calculating The Intrinsic Value Of NEXT plc (LON:NXT)
Nov 23Capital Investments At NEXT (LON:NXT) Point To A Promising Future
Nov 11NEXT's (LON:NXT) Dividend Will Be £0.75
Oct 30These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well
Oct 12NEXT's (LON:NXT) Solid Earnings May Rest On Weak Foundations
Sep 26NEXT's (LON:NXT) Dividend Will Be £0.75
Sep 22With EPS Growth And More, NEXT (LON:NXT) Makes An Interesting Case
Sep 16What Does NEXT plc's (LON:NXT) Share Price Indicate?
Sep 02A Look At The Fair Value Of NEXT plc (LON:NXT)
Aug 06NEXT plc's (LON:NXT) Price Is Right But Growth Is Lacking
Jul 11NEXT (LON:NXT) Has Announced That It Will Be Increasing Its Dividend To £1.41
Jun 15NEXT (LON:NXT) Is Aiming To Keep Up Its Impressive Returns
Jun 14Do NEXT's (LON:NXT) Earnings Warrant Your Attention?
Jun 02NEXT (LON:NXT) Is Increasing Its Dividend To £1.41
May 21Here's Why NEXT plc's (LON:NXT) CEO Compensation Is The Least Of Shareholders' Concerns
May 10NEXT (LON:NXT) Is Increasing Its Dividend To £1.41
Apr 30Is NEXT (LON:NXT) A Risky Investment?
Apr 28NEXT (LON:NXT) Is Paying Out A Larger Dividend Than Last Year
Apr 16NEXT (LON:NXT) Is Increasing Its Dividend To £1.41
Mar 24Is There Now An Opportunity In NEXT plc (LON:NXT)?
Mar 21Some Investors May Be Worried About NEXT's (LON:NXT) Returns On Capital
Mar 05Risks To Shareholder Returns Are Elevated At These Prices For NEXT plc (LON:NXT)
Feb 18We Think NEXT (LON:NXT) Can Stay On Top Of Its Debt
Jan 08Estimating The Intrinsic Value Of NEXT plc (LON:NXT)
Dec 27NEXT's (LON:NXT) Dividend Will Be £0.66
Dec 01Should You Investigate NEXT plc (LON:NXT) At UK£76.36?
Nov 15NEXT (LON:NXT) Is Due To Pay A Dividend Of £0.66
Nov 02These 4 Measures Indicate That NEXT (LON:NXT) Is Using Debt Reasonably Well
Oct 04Calculating The Fair Value Of NEXT plc (LON:NXT)
Sep 19Capital Allocation Trends At NEXT (LON:NXT) Aren't Ideal
Sep 04At UK£70.68, Is NEXT plc (LON:NXT) Worth Looking At Closely?
Jul 31NEXT (LON:NXT) Will Pay A Larger Dividend Than Last Year At £1.40
Jul 05NEXT's (LON:NXT) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 21Estimating The Intrinsic Value Of NEXT plc (LON:NXT)
Jun 15Does NEXT (LON:NXT) Deserve A Spot On Your Watchlist?
Jun 01NEXT (LON:NXT) Is Paying Out A Larger Dividend Than Last Year
May 19The Returns On Capital At NEXT (LON:NXT) Don't Inspire Confidence
May 17NEXT's (LON:NXT) Upcoming Dividend Will Be Larger Than Last Year's
May 05Does NEXT (LON:NXT) Have A Healthy Balance Sheet?
May 01NEXT (LON:NXT) Is Increasing Its Dividend To £1.40
Apr 01Is It Time To Consider Buying NEXT plc (LON:NXT)?
Mar 26Estimating The Intrinsic Value Of NEXT plc (LON:NXT)
Mar 14Here's Why NEXT (LON:NXT) Has Caught The Eye Of Investors
Mar 02Returns On Capital Signal Tricky Times Ahead For NEXT (LON:NXT)
Jan 23At UK£56.26, Is It Time To Put NEXT plc (LON:NXT) On Your Watch List?
Dec 18NEXT plc's (LON:NXT) Intrinsic Value Is Potentially 41% Above Its Share Price
Dec 06Financial 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).