Nexen Balance Sheet Health
Financial Health criteria checks 4/6
Nexen has a total shareholder equity of ₩2,359.3B and total debt of ₩1,841.9B, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are ₩5,323.6B and ₩2,964.3B respectively. Nexen's EBIT is ₩275.7B making its interest coverage ratio 4. It has cash and short-term investments of ₩415.5B.
Key information
78.1%
Debt to equity ratio
₩1.84t
Debt
| Interest coverage ratio | 4x |
| Cash | ₩415.46b |
| Equity | ₩2.36t |
| Total liabilities | ₩2.96t |
| Total assets | ₩5.32t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A005725's short term assets (₩1,943.5B) exceed its short term liabilities (₩1,432.5B).
Long Term Liabilities: A005725's short term assets (₩1,943.5B) exceed its long term liabilities (₩1,531.8B).
Debt to Equity History and Analysis
Debt Level: A005725's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: A005725's debt to equity ratio has increased from 71.3% to 78.1% over the past 5 years.
Debt Coverage: A005725's debt is well covered by operating cash flow (21.2%).
Interest Coverage: A005725's interest payments on its debt are well covered by EBIT (4x coverage).