NexGen Energy Balance Sheet Health
Financial Health criteria checks 4/6
NexGen Energy has a total shareholder equity of CA$1.2B and total debt of CA$464.7M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are CA$1.7B and CA$486.6M respectively.
Key information
39.0%
Debt to equity ratio
CA$464.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$572.36m |
| Equity | CA$1.19b |
| Total liabilities | CA$486.61m |
| Total assets | CA$1.68b |
Recent financial health updates
No updates
Recent updates
NexGen Energy: Valuation Is Improving
Aug 14NexGen Energy: Tailwinds And Near-Term Catalysts
Jul 28NexGen Energy: Still A Long Way To Go For A Buy Rating
Apr 19NexGen Energy: Rook I Is A Fantastic Uranium Project
Jan 22NexGen Energy: Overextended For Now, But Keep It On Your Watchlist
Dec 18NexGen Energy: Moderately Optimistic Scenario Already Playing Out
Sep 18Nexgen Energy: Little Progress Towards Construction, Fairly Valued, Reiterate Hold
Aug 11NexGen: Watch Out For Capex Blowouts
Jan 26IsoEnergy agrees on CAD15.3M funding package
Nov 16NexGen Energy: Potential Development Delays Could Push Production To 2030
Aug 06Financial Position Analysis
Short Term Liabilities: NXE's short term assets (CA$582.7M) exceed its short term liabilities (CA$486.1M).
Long Term Liabilities: NXE's short term assets (CA$582.7M) exceed its long term liabilities (CA$523.0K).
Debt to Equity History and Analysis
Debt Level: NXE has more cash than its total debt.
Reducing Debt: NXE's debt to equity ratio has reduced from 67.1% to 39% over the past 5 years.
Debt Coverage: NXE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NXE's interest payments on its debt are well covered by EBIT.