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Nexstim Balance Sheet Health
Financial Health criteria checks 5/6
Nexstim has a total shareholder equity of €4.1M and total debt of €3.5M, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are €10.2M and €6.1M respectively. Nexstim's EBIT is €840.3K making its interest coverage ratio -1.7. It has cash and short-term investments of €4.4M.
Key information
85.8%
Debt to equity ratio
€3.49m
Debt
| Interest coverage ratio | -1.7x |
| Cash | €4.44m |
| Equity | €4.07m |
| Total liabilities | €6.15m |
| Total assets | €10.21m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXTMS's short term assets (€7.3M) exceed its short term liabilities (€3.5M).
Long Term Liabilities: NXTMS's short term assets (€7.3M) exceed its long term liabilities (€2.6M).
Debt to Equity History and Analysis
Debt Level: NXTMS has more cash than its total debt.
Reducing Debt: NXTMS's debt to equity ratio has increased from 67.5% to 85.8% over the past 5 years.
Debt Coverage: NXTMS's debt is well covered by operating cash flow (28.7%).
Interest Coverage: NXTMS earns more interest than it pays, so coverage of interest payments is not a concern.