NexGen Energy Balance Sheet Health
Financial Health criteria checks 2/6
NexGen Energy has a total shareholder equity of ₱279.0M and total debt of ₱122.9M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ₱1.1B and ₱859.5M respectively. NexGen Energy's EBIT is ₱21.5M making its interest coverage ratio 2. It has cash and short-term investments of ₱4.6M.
Key information
44.0%
Debt to equity ratio
₱122.86m
Debt
| Interest coverage ratio | 2x |
| Cash | ₱4.59m |
| Equity | ₱279.01m |
| Total liabilities | ₱859.45m |
| Total assets | ₱1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XG's short term assets (₱214.5M) do not cover its short term liabilities (₱697.1M).
Long Term Liabilities: XG's short term assets (₱214.5M) exceed its long term liabilities (₱162.3M).
Debt to Equity History and Analysis
Debt Level: XG's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: Insufficient data to determine if XG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: XG's debt is well covered by operating cash flow (75%).
Interest Coverage: XG's interest payments on its debt are not well covered by EBIT (2x coverage).