Next (LSE:NXT) Long-Term Debt: £600 Mil (As of Jan. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LSE:NXT Next PLC LSE:NXT
91 GF Score
Price £147.65
GF Value £123.53
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Next Long-Term Debt?

Next LSE:NXT +0.92% 91 Long-Term Debt is £600 Mil as of Jan. 2026. GuruFocus rates LSE:NXT with a GF Score™ of 91/100 and a GF Value™ of £123.53 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Next's Long-Term Debt for the quarter that ended in Jan. 2026 was £600 Mil.

Next's quarterly Long-Term Debt increased from Jan. 2025 (£544 Mil) to Jul. 2025 (£712 Mil) but then declined from Jul. 2025 (£712 Mil) to Jan. 2026 (£600 Mil).

Next's annual Long-Term Debt declined from Jan. 2024 (£820 Mil) to Jan. 2025 (£544 Mil) but then increased from Jan. 2025 (£544 Mil) to Jan. 2026 (£600 Mil).

Next  (LSE:NXT) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Next Long-Term Debt Related Terms

Next Long-Term Debt Historical Data

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The historical data trend for Next's Long-Term Debt 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.

Next Long-Term Debt Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 815.70 790.70 820.30 543.80 600.00

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 820.30 792.20 543.80 712.10 600.00
LSE:NXT
91GF Score
Next PLC LSE:NXT
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of £600 Mil mean?
Next (LSE:NXT) has a Long-Term Debt of £600 Mil as of Jan. 2026.
Is Next's Long-Term Debt too high?
Next's current Long-Term Debt is £600 Mil. Overall, Next has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Long-Term Debt compare to TJX and ROST?
Next's Long-Term Debt of £600 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Retail - Cyclical company?
A good Long-Term Debt depends on the Retail - Cyclical industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Next's current Long-Term Debt is £600 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (LSE:NXT) is currently considered Modestly Overvalued. The stock's GF Value™ is £123.53, compared to a current price of £147.65 — trading 19.5% above its estimated fair value. The current Long-Term Debt is £600 Mil. Next's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Next (LSE:NXT), the current Long-Term Debt is £600 Mil as of Jan. 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.

Is Next (LSE:NXT) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of £147.65 is trading 19.5% above its estimated GF Value™ of £123.53. GuruFocus considers Next to be Modestly Overvalued.

Key valuation signals for LSE:NXT:

  • Long-Term Debt: £600 Mil
  • GF Value™: £123.53 vs. price of £147.65 (19.5% above fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the LSE:NXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
91GF Score

Get the complete analysis for LSE:NXT

Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£147.65
Price
£123.53
GF Value