Nexa Resources Balance Sheet Health

Financial Health criteria checks 2/6

Nexa Resources has a total shareholder equity of $1.3B and total debt of $1.9B, which brings its debt-to-equity ratio to 147.2%. Its total assets and total liabilities are $4.8B and $3.5B respectively. Nexa Resources's EBIT is $163.6M making its interest coverage ratio 0.9. It has cash and short-term investments of $524.9M.

Key information

147.2%

Debt to equity ratio

US$1.86b

Debt

Interest coverage ratio0.9x
CashUS$524.92m
EquityUS$1.27b
Total liabilitiesUS$3.50b
Total assetsUS$4.77b

Recent financial health updates

Recent updates

Is Nexa Resources (NYSE:NEXA) A Risky Investment?

Dec 10
Is Nexa Resources (NYSE:NEXA) A Risky Investment?

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 ($1.1B).

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 (105.7%) is considered high.

Reducing Debt: NEXA's debt to equity ratio has increased from 54.5% to 147.2% 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.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nexa Resources S.A. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David GaglianoBMO Capital Markets Equity Research
Lawson WinderBofA Global Research
Rafael BarcellosBradesco S.A. Corretora de Títulos e Valores Mobiliários