NEXTDC Limited: Adherence to Financial Covenants Confirmed

On October 27, 2026, NEXTDC Limited confirmed its compliance with financial covenants as of June 30, 2026. The company reports an Interest Cover Ratio (ICR) of 5.91x against a required minimum of 1.5x, showing a substantial headroom of AUD 526.8 million in Covenant EBITDA. The Gearing Ratio stood at 8.2%, well below the maximum threshold of 60%.

NEXTDC's liquidity, as of September 30, 2026, was AUD 8,675 million. The liquidity comprises cash and undrawn senior debt facilities, providing a robust financial cushion. Despite delays in grid supply impacting M3 Melbourne contracts, these issues did not affect covenant compliance.

The company's financial health reflects in its adherence to gearing and interest cover ratios, critical for maintaining investor confidence. NEXTDC anticipates ongoing covenant compliance, expecting contracted customer revenue to bolster future outcomes.