Nexen Balance Sheet Health
Financial Health criteria checks 4/6
Nexen has a total shareholder equity of ₩2,286.1B and total debt of ₩1,832.2B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are ₩5,174.1B and ₩2,888.0B respectively. Nexen's EBIT is ₩249.5B making its interest coverage ratio 4.1. It has cash and short-term investments of ₩448.5B.
Key information
80.1%
Debt to equity ratio
₩1.83t
Debt
Interest coverage ratio | 4.1x |
Cash | ₩448.49b |
Equity | ₩2.29t |
Total liabilities | ₩2.89t |
Total assets | ₩5.17t |
Recent financial health updates
Recent updates
We Think That There Are Issues Underlying Nexen's (KRX:005720) Earnings
Mar 28Here'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 (₩1,798.4B) exceed its short term liabilities (₩1,476.2B).
Long Term Liabilities: A005720's short term assets (₩1,798.4B) exceed its long term liabilities (₩1,411.8B).
Debt to Equity History and Analysis
Debt Level: A005720's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: A005720's debt to equity ratio has increased from 69.7% to 80.1% over the past 5 years.
Debt Coverage: A005720's debt is well covered by operating cash flow (21%).
Interest Coverage: A005720's interest payments on its debt are well covered by EBIT (4.1x coverage).