Nexa Resources Balance Sheet Health

Financial Health criteria checks 2/6

Nexa Resources has a total shareholder equity of $1.2B and total debt of $1.9B, which brings its debt-to-equity ratio to 148.4%. Its total assets and total liabilities are $4.7B and $3.4B respectively. Nexa Resources's EBIT is $37.6M making its interest coverage ratio 0.2. It has cash and short-term investments of $474.1M.

Key information

148.4%

Debt to equity ratio

US$1.85b

Debt

Interest coverage ratio0.2x
CashUS$474.05m
EquityUS$1.25b
Total liabilitiesUS$3.40b
Total assetsUS$4.65b

Recent financial health updates

Recent updates

Nexa Resources S.A. (NYSE:NEXA) Held Back By Insufficient Growth Even After Shares Climb 26%

Oct 02
Nexa Resources S.A. (NYSE:NEXA) Held Back By Insufficient Growth Even After Shares Climb 26%

These Return Metrics Don't Make Nexa Resources (NYSE:NEXA) Look Too Strong

Aug 31
These Return Metrics Don't Make Nexa Resources (NYSE:NEXA) Look Too Strong

Is Nexa Resources (NYSE:NEXA) Using Debt Sensibly?

Jul 19
Is Nexa Resources (NYSE:NEXA) Using Debt Sensibly?

Why Investors Shouldn't Be Surprised By Nexa Resources S.A.'s (NYSE:NEXA) Low P/S

Jan 20
Why Investors Shouldn't Be Surprised By Nexa Resources S.A.'s (NYSE:NEXA) Low P/S

Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?

Dec 15
Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?

Nexa Resources: Things To Consider Before Jumping On The Bandwagon

Aug 21

Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?

May 27
Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?

Nexa Resources reports Q4 2022 results

Feb 15

Nexa Resources S.A. (NYSE:NEXA) Shares Could Be 25% Above Their Intrinsic Value Estimate

Dec 17
Nexa Resources S.A. (NYSE:NEXA) Shares Could Be 25% Above Their Intrinsic Value Estimate

Nexa Resources: Be Prepared For More Downside Potential

Nov 08

Nexa Resources reports Q3 mixed earnings; reaffirms FY22 capex guidance

Oct 28

Nexa Resources appoints José Carlos del Valle as finance chief

Sep 14

Nexa Resources (NYSE:NEXA) Takes On Some Risk With Its Use Of Debt

Aug 24
Nexa Resources (NYSE:NEXA) Takes On Some Risk With Its Use Of Debt

Nexa Resources: A Forgotten Zinc Producer Trading At 2.5X Earnings

Aug 09

Nexa Resources GAAP EPS of $0.61, revenue of $829M

Jul 28

Nexa Resources (NYSE:NEXA) Has A Somewhat Strained Balance Sheet

Mar 17
Nexa Resources (NYSE:NEXA) Has A Somewhat Strained Balance Sheet

Investors Will Want Nexa Resources' (NYSE:NEXA) Growth In ROCE To Persist

Nov 11
Investors Will Want Nexa Resources' (NYSE:NEXA) Growth In ROCE To Persist

Financial Position Analysis

Short Term Liabilities: NEXA's short term assets ($1.2B) exceed its short term liabilities ($1.0B).

Long Term Liabilities: NEXA's short term assets ($1.2B) do not cover its long term liabilities ($2.4B).


Debt to Equity History and Analysis

Debt Level: NEXA's net debt to equity ratio (110.5%) is considered high.

Reducing Debt: NEXA's debt to equity ratio has increased from 50.6% to 148.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NEXA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NEXA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies