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).