Nextedia Balance Sheet Health
Financial Health criteria checks 4/6
Nextedia has a total shareholder equity of €29.4M and total debt of €8.6M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are €60.6M and €31.2M respectively. Nextedia's EBIT is €2.9M making its interest coverage ratio 10.7. It has cash and short-term investments of €9.1M.
Key information
29.1%
Debt to equity ratio
€8.56m
Debt
Interest coverage ratio | 10.7x |
Cash | €9.10m |
Equity | €29.42m |
Total liabilities | €31.23m |
Total assets | €60.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0CZ7's short term assets (€28.6M) exceed its short term liabilities (€22.2M).
Long Term Liabilities: 0CZ7's short term assets (€28.6M) exceed its long term liabilities (€9.0M).
Debt to Equity History and Analysis
Debt Level: 0CZ7 has more cash than its total debt.
Reducing Debt: 0CZ7's debt to equity ratio has increased from 21.9% to 29.1% over the past 5 years.
Debt Coverage: 0CZ7's debt is not well covered by operating cash flow (17%).
Interest Coverage: 0CZ7's interest payments on its debt are well covered by EBIT (10.7x coverage).