Next Geosolutions Europe Balance Sheet Health
Financial Health criteria checks 5/6
Next Geosolutions Europe has a total shareholder equity of €120.4M and total debt of €24.5M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are €209.6M and €89.2M respectively. Next Geosolutions Europe's EBIT is €43.0M making its interest coverage ratio 28.8. It has cash and short-term investments of €27.2M.
Key information
20.4%
Debt to equity ratio
€24.53m
Debt
| Interest coverage ratio | 28.8x |
| Cash | €27.24m |
| Equity | €120.43m |
| Total liabilities | €89.16m |
| Total assets | €209.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXT's short term assets (€112.7M) exceed its short term liabilities (€71.5M).
Long Term Liabilities: NXT's short term assets (€112.7M) exceed its long term liabilities (€17.7M).
Debt to Equity History and Analysis
Debt Level: NXT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NXT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NXT's debt is well covered by operating cash flow (198.3%).
Interest Coverage: NXT's interest payments on its debt are well covered by EBIT (28.8x coverage).