Nexen Balance Sheet Health
Financial Health criteria checks 3/6
Nexen has a total shareholder equity of ₩2,345.2B and total debt of ₩1,872.8B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are ₩5,405.0B and ₩3,059.8B respectively. Nexen's EBIT is ₩258.8B making its interest coverage ratio 3.3. It has cash and short-term investments of ₩443.9B.
Key information
79.9%
Debt to equity ratio
₩1.87t
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₩443.90b |
| Equity | ₩2.35t |
| Total liabilities | ₩3.06t |
| Total assets | ₩5.41t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A005725's short term assets (₩2,059.4B) exceed its short term liabilities (₩1,582.6B).
Long Term Liabilities: A005725's short term assets (₩2,059.4B) exceed its long term liabilities (₩1,477.2B).
Debt to Equity History and Analysis
Debt Level: A005725's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: A005725's debt to equity ratio has increased from 63.6% to 79.9% over the past 5 years.
Debt Coverage: A005725's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: A005725's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:47 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nexen Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jinwoo Kim | Korea Investment & Securities Co., Ltd. |