Nexen Balance Sheet Health
Financial Health criteria checks 3/6
Nexen has a total shareholder equity of ₩2,231.6B and total debt of ₩1,825.6B, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are ₩5,061.0B and ₩2,829.4B respectively. Nexen's EBIT is ₩220.9B making its interest coverage ratio 4.8. It has cash and short-term investments of ₩489.0B.
Key information
81.8%
Debt to equity ratio
₩1.83t
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₩488.97b |
| Equity | ₩2.23t |
| Total liabilities | ₩2.83t |
| Total assets | ₩5.06t |
Recent financial health updates
Recent updates
We Think That There Are Issues Underlying Nexen's (KRX:005720) Earnings
Mar 28
Here's Why Nexen (KRX:005720) Is Weighed Down By Its Debt Load
Apr 08Could Nexen Corporation (KRX:005720) Have The Makings Of Another Dividend Aristocrat?
Mar 18What You Need To Know About Nexen Corporation's (KRX:005720) Investor Composition
Feb 25Here's What To Make Of Nexen's (KRX:005720) Returns On Capital
Feb 04Nexen's (KRX:005720) Shareholders Are Down 38% On Their Shares
Jan 14Read This Before Considering Nexen Corporation (KRX:005720) For Its Upcoming ₩80.00 Dividend
Dec 24What To Know Before Buying Nexen Corporation (KRX:005720) For Its Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: A005720's short term assets (₩1,745.9B) exceed its short term liabilities (₩1,451.2B).
Long Term Liabilities: A005720's short term assets (₩1,745.9B) exceed its long term liabilities (₩1,378.2B).
Debt to Equity History and Analysis
Debt Level: A005720's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: A005720's debt to equity ratio has increased from 66.9% to 81.8% over the past 5 years.
Debt Coverage: A005720's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: A005720's interest payments on its debt are well covered by EBIT (4.8x coverage).