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 ratio | 0.2x |
| Cash | US$474.05m |
| Equity | US$1.25b |
| Total liabilities | US$3.40b |
| Total assets | US$4.65b |
Recent financial health updates
Is Nexa Resources (NYSE:NEXA) Using Debt Sensibly?
Jul 19
Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?
Dec 15Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?
May 27Nexa Resources (NYSE:NEXA) Takes On Some Risk With Its Use Of Debt
Aug 24Nexa Resources (NYSE:NEXA) Has A Somewhat Strained Balance Sheet
Mar 17Recent updates
Nexa Resources S.A. (NYSE:NEXA) Held Back By Insufficient Growth Even After Shares Climb 26%
Oct 02These Return Metrics Don't Make Nexa Resources (NYSE:NEXA) Look Too Strong
Aug 31Is Nexa Resources (NYSE:NEXA) Using Debt Sensibly?
Jul 19Why Investors Shouldn't Be Surprised By Nexa Resources S.A.'s (NYSE:NEXA) Low P/S
Jan 20Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?
Dec 15Nexa Resources: Things To Consider Before Jumping On The Bandwagon
Aug 21Does Nexa Resources (NYSE:NEXA) Have A Healthy Balance Sheet?
May 27Nexa Resources reports Q4 2022 results
Feb 15Nexa Resources S.A. (NYSE:NEXA) Shares Could Be 25% Above Their Intrinsic Value Estimate
Dec 17Nexa Resources: Be Prepared For More Downside Potential
Nov 08Nexa Resources reports Q3 mixed earnings; reaffirms FY22 capex guidance
Oct 28Nexa Resources appoints José Carlos del Valle as finance chief
Sep 14Nexa Resources (NYSE:NEXA) Takes On Some Risk With Its Use Of Debt
Aug 24Nexa Resources: A Forgotten Zinc Producer Trading At 2.5X Earnings
Aug 09Nexa Resources GAAP EPS of $0.61, revenue of $829M
Jul 28Nexa Resources (NYSE:NEXA) Has A Somewhat Strained Balance Sheet
Mar 17Investors Will Want Nexa Resources' (NYSE:NEXA) Growth In ROCE To Persist
Nov 11Financial 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.