NextGen Healthcare Balance Sheet Health
Financial Health criteria checks 4/6
NextGen Healthcare has a total shareholder equity of $423.3M and total debt of $267.6M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $857.8M and $434.5M respectively. NextGen Healthcare's EBIT is $45.1M making its interest coverage ratio 8.1. It has cash and short-term investments of $200.3M.
Key information
63.2%
Debt to equity ratio
US$267.57m
Debt
Interest coverage ratio | 8.1x |
Cash | US$200.30m |
Equity | US$423.28m |
Total liabilities | US$434.48m |
Total assets | US$857.75m |
Recent financial health updates
We Think NextGen Healthcare (NASDAQ:NXGN) Can Manage Its Debt With Ease
Jun 08We Think NextGen Healthcare (NASDAQ:NXGN) Can Manage Its Debt With Ease
Feb 27Recent updates
Is There An Opportunity With NextGen Healthcare, Inc.'s (NASDAQ:NXGN) 49% Undervaluation?
Aug 24NextGen Healthcare, Inc. Just Recorded A 16% EPS Beat: Here's What Analysts Are Forecasting Next
Jul 27Investors Will Want NextGen Healthcare's (NASDAQ:NXGN) Growth In ROCE To Persist
Jul 13We Think NextGen Healthcare (NASDAQ:NXGN) Can Manage Its Debt With Ease
Jun 08Calculating The Fair Value Of NextGen Healthcare, Inc. (NASDAQ:NXGN)
May 19What Does NextGen Healthcare, Inc.'s (NASDAQ:NXGN) Share Price Indicate?
Mar 14We Think NextGen Healthcare (NASDAQ:NXGN) Can Manage Its Debt With Ease
Feb 27Is NextGen Healthcare, Inc. (NASDAQ:NXGN) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 08These Return Metrics Don't Make NextGen Healthcare (NASDAQ:NXGN) Look Too Strong
Oct 27At US$17.85, Is It Time To Put NextGen Healthcare, Inc. (NASDAQ:NXGN) On Your Watch List?
Sep 30NextGen Enterprise solution to be used by NY-based health center
Sep 28NextGen Healthcare, Inc.'s (NASDAQ:NXGN) Intrinsic Value Is Potentially 75% Above Its Share Price
Sep 07NextGen Healthcare (NASDAQ:NXGN) Is Finding It Tricky To Allocate Its Capital
Jul 29NextGen Healthcare Non-GAAP EPS of $0.16 in-line, revenue of $153.3M in-line, 2023 revenue outlook below estimates
Jul 26Is It Too Late To Consider Buying NextGen Healthcare, Inc. (NASDAQ:NXGN)?
May 17NextGen At A Crossroads
Oct 13Is There An Opportunity With NextGen Healthcare, Inc.'s (NASDAQ:NXGN) 44% Undervaluation?
Jun 29NextGen Healthcare shares fall despite Q4 earnings beat, FY forecast
May 27Financial Position Analysis
Short Term Liabilities: NXGN's short term assets ($362.8M) exceed its short term liabilities ($143.9M).
Long Term Liabilities: NXGN's short term assets ($362.8M) exceed its long term liabilities ($290.6M).
Debt to Equity History and Analysis
Debt Level: NXGN's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: NXGN's debt to equity ratio has increased from 11.8% to 63.2% over the past 5 years.
Debt Coverage: NXGN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NXGN's interest payments on its debt are well covered by EBIT (8.1x coverage).