NEXT Financial Health
How is NEXT's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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).