NEXTDC Limited

ASX NXT.AX

NEXTDC Limited Interest Coverage Ratio for the year ending June 30, 2024: 0.54

NEXTDC Limited Interest Coverage Ratio is 0.54 for the year ending June 30, 2024, a 18.78% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

NEXTDC Limited Interest Coverage Ratio for the year ending June 30, 2023 was 0.46, a -54.37% change year over year.
NEXTDC Limited Interest Coverage Ratio for the year ending June 30, 2022 was 1.00, a 59.87% change year over year.
NEXTDC Limited Interest Coverage Ratio for the year ending June 30, 2021 was 0.63, a 24.91% change year over year.
NEXTDC Limited Interest Coverage Ratio for the year ending June 30, 2020 was 0.50, a -28.88% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

ASX: NXT.AX

NEXTDC Limited

CEO	Mr. Craig Scroggie
IPO Date	Dec. 12, 2010
Location	Australia
Headquarters	GPO Box 3219
Employees	271
Sector	Real Estate
Industries Industrial REITs Office REITs

Description

NEXTDC Limited, a technology company, provides data center outsourcing solutions, connectivity services, and infrastructure management software in Australia. The company offers connectivity solutions, such as interconnection and intercapital services, data centre interconnect, and cross connect; data center-as-a-service solutions; cloud solutions; and industry solutions. It also provides technical assistance on-the-ground; and professional services for the infrastructure life cycle, including planning, project management, and migration stages. In addition, the company provides data center colocation solutions comprising rack packages for single or multiple racks; Rack Blocks to share the total power allocation across various racks; and Quarter Racks for smaller footprints. Further, it offers security systems and protocols that include multi-layered access systems with biometric fingerprint technology and ID access cards. Additionally, the company provides ONEDC, a data center infrastructure management tool, which delivers real-time intelligence across entire NEXTDC data center footprint to manage infrastructure; disaster recovery solutions; and AXON interconnectivity platform. NEXTDC Limited was incorporated in 2010 and is headquartered in Brisbane, Australia.

Key trends

Past 5 years