NexGen EnergyPHS:XG 11 Debt-to-Equity is 0.38 as of Mar. 2026, which is 111% above its 10-year median of 0.18. GuruFocus rates PHS:XG with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 392 Utilities - Independent Power Producers companies, NexGen Energy ranks better than 70.41% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for NexGen Energy's Debt-to-Equity or its related term are showing as below:
PHS:XG'
s Debt-to-Equity Range Over the Past 10 Years
Min: -7.1 Med: 0.18 Max: 0.85
Current: 0.38
During the past 6 years, the highest Debt-to-Equity Ratio of NexGen Energy was 0.85. The lowest was -7.10. And the median was 0.18.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
NexGen Energy Debt-to-Equity Related Terms
NexGen Energy Debt-to-Equity Historical Data
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The historical data trend for NexGen Energy's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NexGen Energy Debt-to-Equity Competitor Comparison
For the Utilities - Renewable subindustry, NexGen Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NexGen Energy Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NexGen Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NexGen Energy's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NexGen Energy (PHS:XG) has a Debt-to-Equity of 0.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NexGen Energy and its competitors. This is 111% above median its historical median of 0.18. According to the industry distribution chart, NexGen Energy ranks #116 out of 392 companies in the Utilities - Independent Power Producers industry, placing it in the top 29.6%.
Is NexGen Energy's Debt-to-Equity too high?
NexGen Energy's current Debt-to-Equity of 0.38 is 111% above median its 10-year median of 0.18. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. NexGen Energy's value of 0.38 is 55.3% below this industry median. Based on the distribution chart, NexGen Energy ranks #116 out of 392 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, NexGen Energy has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NexGen Energy ranks #116 out of 392 companies for Debt-to-Equity. This puts NexGen Energy in the upper half of its industry. The industry median Debt-to-Equity is 0.85. NexGen Energy's value of 0.38 is 55.3% below this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 0.85, NexGen Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NexGen Energy's current Debt-to-Equity of 0.38 is 55.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NexGen Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexGen Energy's current Debt-to-Equity is 0.38, which is 111% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (PHS:XG) has a current Debt-to-Equity of 0.38. The current Debt-to-Equity is 0.38, which is 111% above median its 10-year median of 0.18 and 55.3% below the Utilities - Independent Power Producers industry median of 0.85. NexGen Energy's overall GF Score™ is 11/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For NexGen Energy (PHS:XG), the current Debt-to-Equity is 0.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NexGen Energy Corp is engaged in the development and generation of renewable energy resources that include biomass, biogas, hydropower, wind, and solar energy. The company deploys its utility-scale projects in embedded areas to reduce transmission losses and helps Distribution Utilities by introducing high-performance systems, streamlined operations, and focused engineering. It generates all of its revenue from Philippines.
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